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Allgeier signs letter of intent for the acquisition of a mid-sized Group in the services sector.
Ad-hoc publication according to § 15 WpHG – Letter of Intent
Allgeier Holding AG, Munich, ISIN 0005086300, informs that Allgeier Holding AG plans to increase its scope of services through an acquisition of a company.
Allgeier Holding AG has reached first agreements, verified by a Letter of Intent, on the acquisition of a German mid-sized services Group with sales of approx. € 30 Million. The transaction shall be further negotiated and realised in the following weeks.
Regarding any further details, all parties agreed upon disclosure. The realisation of the transaction depends upon the still outstanding due diligence, the outcome of the still to be completed contract negotiations, and finally on the decision of the Allgeier Holding AG executive and supervisory board.