All Stories
Follow
Subscribe to United Labels AG

United Labels AG

ots Ad hoc-Service: United Labels AG <DE0005489561> United Labels gains 1,200 customers in Spain and Portugal upon takeover of Jocky Team S.A., Barcelona

Münster (ots Ad hoc-Service) -

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
- Acquisition of the leading Spanish comicware specialist 
   - Consistent pursuit of international expansion strategy
   - Expansion of European licence rights
United Labels AG takes over Jocky Team S.A., Barcelona, a company
with a successful track record over many years in the market for
comicware under licence. The acquisition gives a major boost to
United Labels' position as the European licensed products specialist
in the comicware sector. As of 01.10.2000, revenue from Jocky Team
S.A. flows into the consolidated group of United Labels AG. The high-
yielding company produced pre-tax results (EBIT) of DM 2.3m. on
revenue of DM 15.2m. in 1999.
The Jocky range forms a valuable complement to the United Labels
portfolio of licences and products, such as Disney, Snoopy, Pokemon,
Looney Tunes and the Simpsons. The takeover strengthens United Labels
distribution structure in Spain and Portugal by more than 1,200
retail partners, including the important retail groups El Corte
Ingles, Toys R Us and Continente. This ensures immediate availability
of the complete United Labels product range, comprising all the most
popular comic characters in the world, from coast to coast on the
Iberian Peninsula.
Following the acquisitions of Colombine bvba, Brügge and Jocky
Team S.A., Barcelona, accomplished in the second half of 2000, the
company now benefits from one of the highest density distribution
network for comic products in Europe.
Based on United Labels AG's strong expansion since flotation in
May 2000, projections are under revision and new figures will be
released shortly.
For further information please contact:
United Labels AG Karsten Goedde (CFO) Gildenstr. 6, D-48157
Münster Tel.: 0251-3221-401, Fax: 0251-3221-900 e-mail: 
kgoedde@unitedlabels.com
United Labels AG Holger Pentz (Leiter Controlling) Gildenstr. 6,
D-48157 Münster Tel.: 0251-3221-405, Fax: 0251-3221-960 e-mail: 
hpentz@unitedlabels.com
End
Internet: http://recherche.newsaktuell.de

Original content of: United Labels AG, transmitted by news aktuell

More stories: United Labels AG
More stories: United Labels AG