Katjes International GmbH & Co. KG, DE000A161F97

Katjes International GmbH & Co. KG, DE000A161F97

06.07.2017 - 08:41:19

Katjes International GmbH & Co. KG: Katjes International acquires the number 2 in Italy

Katjes International acquires the number 2 in Italy

Emmerich, 6th July 2017 - Katjes International GmbH & Co. KG, the international holding company of the Katjes-Group, today signed a contract to acquire the branded business of Cloetta Italia S.r.l. ("Cloetta Italy"). Katjes International is market leader in Belgium, number two in France and will equally rank number two in Italy with this acquisition.*

The acquired business has annual net sales of about EUR 100 million and is profitable. The best known brands include Sperlari (hard-boild candy), Saila (liquorice) as well as Dietorelle (sugar-free). Cloetta Italy has a broad distribution across the whole of Italy, with its headquarters located in Cremona in Northern Italy. The company's production comprises four sites located in Cremona, Gordona, St. Pietro in Casale and Silvi Marina. The number of full time employees is approximately 400.

The closing of the transaction is expected to occur within the next three months. The financing of the acquisition was mainly done through proceeds of the bond which was increased in May 2017. This underscores how Katjes International continues to follow its long-term strategy to acquire companies in large markets relevant to its business using its bond financing.

Credit Suisse has been financial advisor and Chiomenti has been legal advisor to Katjes International.

*Source: Euromonitor

Information and Explanation of the Issuer to this News:

CONTACT Katjes International GmbH & Co. KG Phone: +49 (0) 2822/601-700 Fax: +49 (0) 2822/601-125 E-Mail: kontakt@katjes-international.de Website: www.katjes-international.de

ABOUT KATJES INTERNATIONAL The legally independent Katjes International GmbH & Co. KG is part of the Katjes-Group together with its sister companies Katjes Fassin GmbH + Co. KG and Katjesgreenfood GmbH & Co. KG. Katjes International pursues a buy-and-hold approach and acquires companies with established brands within the Western European sugar confectionary market. The company has five companies: Lutti France, Continental Sweets Belgium, the German companies Piasten and Dallmann and Festivaldi in the Netherlands. For further information, please visit www.katjes-international.de

NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA, CANADA, JAPAN AND AUSTRALIAINFORMATION AND EXPLANATORY NOTES OF THE ISSUER OF THIS AD HOC RELEASE: To the extent that this communication contains forward-looking statements, these statements are based on plans, estimates and forecasts currently available to Katjes International. Forward-looking statements therefore only relate to the date on which they are made. Katjes International assumes no obligation to update or further develop such statements in the light of new information or future events. Forward-looking statements naturally involve risks and uncertainties. A number of important factors can contribute to the fact that actual results differ materially from forward-looking statements.

IMPORTANT NOTE

This announcement does not constitute an offer to sell or an invitation to purchase or subscribe for securities of Katjes International GmbH & Co. KG.

This announcement is neither directly nor indirectly intended for publication or distribution to the United States of America or within the United States of America (including its territories and possessions, federal states or District of Columbia) and may not be reproduced in the U.S. (as defined in Regulation S of the U.S. Securities Act of 1933, as amended), or distributed or disseminated to publications with a general circulation in the United States of America. This announcement does not constitute an offer or a solicitation, or the solicitation of an offer for the purchase or the transfer of securities in the United States of America, nor is it part of such an offer or solicitation. The securities are not, and will not be registered under the Securities Act and may only be sold or offered for purchase in the United States of America with prior registration under the provisions of the Securities Act, as amended, or only are sold or offered for purchase in the United States of America without prior registration on the basis of an exception to the Securities Act, as amended.

This publication is not an offer to buy securities in Canada, Japan or Australia.

06-Jul-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English

Company: Katjes International GmbH & Co. KG Dechant-Sprünken-Str. 53-57 46446 Emmerich am Rhein

Germany Phone: +49 (0)2822 601 700 Fax: +49 (0)2822 601 125 E-mail: kontakt@katjes-international.de Internet: www.katjes-international.de ISIN: DE000A161F97, DE000A1KRBM2 WKN: A161F9, A1KRBM Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Open Market in Frankfurt   End of Announcement DGAP News Service

590023  06-Jul-2017 CET/CEST

@ dgap.de

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