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     133  0 Kommentare mobilezone is acquiring SIGA exchange GmbH and its associated US Army business

    mobilezone holding ag / Key word(s): Acquisition/Mergers & Acquisitions
    mobilezone is acquiring SIGA exchange GmbH and its associated US Army business

    19-Dec-2022 / 06:45 CET/CEST
    Release of an ad hoc announcement pursuant to Art. 53 LR
    The issuer is solely responsible for the content of this announcement.


    PRESS RELEASE

    Ad-hoc announcement pursuant to Art. 53 LR

    Rotkreuz/Cologne, 19 December 2022

    mobilezone Germany is acquiring its long-standing business partner SIGA exchange GmbH, based in Heilbronn. SIGA operates the telecommunications business at the eleven bases of the US Army in Germany, primarily with Deutsche Telekom products. The merger will permit immediate exploitation of synergies and expansion of the existing business at the locations.

    "SIGA is a highly valuable addition to mobilezone," noted Wilke Stroman, CEO of mobilezone Germany. "Its strategic orientation will reinforce our business with Deutsche Telekom."

    Ayhan Sentürk, founder and managing director of SIGA exchange GmbH said, " With regard to the further development of the SIGA business, I see mobilezone as the right partner for the future; thus, the course for further success has been set."

    SIGA had a turnover of about EUR 6 in 2022. The purchase price was exclusively financed using mobilezone's own resources. Both parties have agreed on confidentiality regarding the financial details of the transaction. The planned completion date is 6 January 2023.

    Contact for analysts, investors and media professionals
    Markus Bernhard
    Chief Executive Officer
    mobilezone holding ag
    mobilezoneholding@mobilezone.ch

    About mobilezone
    Founded in 1999, mobilezone holding ag is the leading independent Swiss and German telecoms specialist with sales of CHF 982 million and a net profit of CHF 50.7 million in the reporting year 2021. The registered shares of mobilezone holding ag (MOZN) are traded on the SIX Swiss Exchange AG.

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    mobilezone is acquiring SIGA exchange GmbH and its associated US Army business mobilezone holding ag / Key word(s): Acquisition/Mergers & Acquisitions mobilezone is acquiring SIGA exchange GmbH and its associated US Army business 19-Dec-2022 / 06:45 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer …