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    DGAP-Adhoc  762  0 Kommentare Gerry Weber International AG acquires Hallhuber - Seite 2


    as 113 concession spaces in six countries; approx. 82% of Hallhuber sales
    are generated in Germany. GERRY WEBER will support Hallhuber in particular
    in the areas of sourcing and logistics as well as in the expansion of its
    network of company-managed retail stores in Germany and abroad.

    Both companies anticipate an improvement in their profitability as a result
    of synergies. GERRY WEBER assumes that Hallhuber will start making a
    positive contribution to the Group's operating profit and earnings per
    share already in the financial year 2014/15 (1 November 2014 to 31 October
    2015). An important role will be played in this context by the Hallhuber
    management team who will continue to manage the business and push ahead its
    positive development in conjunction with the GERRY WEBER team following the
    takeover.

    Transaction

    The acquisition of the urban fashion brand and Hallhuber's 219 sales spaces
    flows directly from GERRY WEBER's announced strategy of generating
    profitable growth also through acquisitions. The Hallhuber brands are
    complementary to our existing GERRY WEBER brands, they operate a completely
    vertical business model and they are ready to move into new European
    markets. Hallhuber is looking at enormous sales and profit growth potential
    and its options for further development have barely been tapped.

    The parties have not disclosed the purchase price paid for 100% of the
    Shares in Hallhuber. The acquisition will presumably be funded by raising
    long-term debt. GERRY WEBER International AG's very strong balance sheet
    means that the equity ratio will remain above 50% even following this
    transaction. The GERRY WEBER Group will fully consolidate the Hallhuber
    companies already in its FY 2014/15 accounts. The transaction is subject to
    approval by the cartel authorities in Germany and Austria.

    Admitted to the Regulated Market of the Frankfurt Stock Exchange (Prime
    Standard)
    ISIN: DE0003304101
    WKN: 330410



    GERRY WEBER International AG




    Investor Relations Contact
    Claudia Kellert
    phone: +49 (0)5201 185 8422
    e-mail: c.kellert@gerryweber.de



    Public Relations Contact
    Catharina Berndt
    phone: +49 (0)5201 185 320
    e-mail: c.berndt@gerryweber.com





    22.12.2014 The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de

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    Language: English
    Company: Gerry Weber International AG
    Neulehenstraße 8
    33790 Halle/Westfalen
    Germany
    Phone: +49 (0)5201 185-0
    Fax: +49 (0)5201 5857
    E-mail: c.kellert@gerryweber.de
    Internet: www.gerryweber-ag.de
    ISIN: DE0003304101
    WKN: 330410
    Indices: MDAX
    Listed: Regulierter Markt in Düsseldorf, Frankfurt (Prime Standard);
    Freiverkehr in Berlin, Stuttgart

    End of Announcement DGAP News-Service

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    DGAP-Adhoc Gerry Weber International AG acquires Hallhuber - Seite 2 Gerry Weber International AG / Key word(s): Acquisition 22.12.2014 17:21 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this …