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ots Ad hoc-Service: CeWe Color Holding AG <DE0005403901> CeWe Color increases its capacities in France

Oldenburg (ots Ad hoc-Service) -

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
CeWe Color, the largest
independent European photofinisher, has achieved a significant
breakthrough in its market position on their second most important
market, the one in France. On 1. February 2001, CeWe Color will take
over Konica Photo Service France, thus increasing its market share
from 15 % to 20 %. In the business year of 1999, Konica Photo Service
France, under the management of Christian Paillot, achieved a
turnover of more than 40 million DM with a staff of approximately
200. On peak days, the photo laboratory located in the north of Paris
with a production space of more than 2,000 square metres, develops
more than 35,000 films and produces more than 100 million photos in a
year.
For CeWe Color, France is the largest market after Germany. A
total of 57 million inhabitants use just over 120 million films per
year. With a total of eight laboratory locations in France, CeWe
Color has a market share of approximately 15 % and, besides Fuji,
Kodak and Spector, is therefore one of the most important
photofinishers on the French market. The takeover of Konica Photo
Service France means that CeWe Color is considerably reinforcing its
market position. Among the customers of Konica are photo retail
stores and hypermarkets such as Fnac, Photo Station, Monoprix and
Leclerc. Beside Konica Photo Service France is the market leader in
the workforce trade.
Hubert Rothärmel, Chairman of the Board of Management, points out
that the takeover of Konica Photo Service France will result in
several synergy effects for the CeWe Color Group in the areas of
production, logistics, EDP, etc., and that these will have a positive
impact on costs and profits. The French amateur photo market is, just
like the German one, currently in a phase of expansion. Today
photography is more than ever one of the most popular leisure
pastimes.
Should you have any enquiries please contact:
CeWe Color Holding AG Hella Meyer Tel.No.: +49/441/404-400 Fax
No.: +49/441/404-421 Internet: http://www.cewecolor.com
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