DGAP-News

ALNO AG attracts a new major shareholder - Seite 2

5.8 million euros in total. The new capital is to be used first and
foremost to push ahead with the reorientation of ALNO AG so as to deliver a
sustainable improvement to the basis for the company's operating results.


More than 4,000 "Nature" shops in China

The Nature Home Holding Company Limited is listed on the Hong Kong Stock
Exchange and employs about 3,500 people. Nature produces and sells products
which include floor coverings, wardrobes, wooden doors and kitchen
cabinets. The "Nature" brand is one of the market leaders in the Chinese
floor covering market. The company operates more than 4,300 stores. Its
products are drawn from its own production as well as being sourced from
established manufacturers.


"Ideal combination" since two years


Nature and ALNO have been working together in China since July 2013. Nature
is the exclusive cooperation partner for "Wellmann" products in China. It
attracts dealers who open kitchen studios and flagship stores in China with
sizes ranging from 200 to 800 square metres, under the "Wellmann" name. The
preferred locations will be exclusive shopping areas in large cities. Five
showrooms have already been opened, and the number is expected to reach up
to 20 by the end of 2015.

ALNO CEO Max Müller: "The commercial successes achieved so far have
prompted Nature to make a long-term investment in ALNO AG. At the same
time, this investment will guarantee us a profitable business in China for
the foreseeable future. For us, that represents an ideal combination and is
certainly unparalleled in the German kitchen industry."



About ALNO AG:
ALNO AG is one of Germany's leading kitchen manufacturers, with a staff of
around 2,300 employees. The business area encompasses development,
production and sale of kitchen furniture as well as on selling electrical
appliances and accessories. From its seven national and international
production sites, the corporation provides a full range of kitchens to
worldwide markets. In addition to the core ALNO brand, the ALNO Group also
owns the Wellmann, Impuls, Pino, Piatti and ALNOINOX brands. The ALNO Group
operates in more than 64 countries worldwide with over 6,000 sales
partners. In financial year 2013, the company recorded sales revenue of 395
million euros. Around 33 per cent of this revenue was generated abroad.


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