DGAP-News: CFC Industriebeteiligungen AG / Key word(s): Insolvency/Miscellaneous CFC Industriebeteiligungen AG: substantive entities of Berndes Group have expactably filed for insolvency 02.07.2012 / 15:00 --------------------------------------------------------------------- Dortmund, July 2nd, 2012 CFC Industriebeteiligungen AG (ISIN: DE000A0LBKW6), Dortmund, announces that substantive entities of its investment Berndes have filed for insolvency today. The involved entities are - Berndes Beteiligungs GmbH - Heinrich Berndes Haushaltstechnik GmbH & Co. KG - and Heinrich Berndes Haushaltstechnik Verwaltungs GmbH. Already in the past week, the high risk of insolvency had been communicated. It had initiated significant impairments at the level of CFC AG, so that today's filing does not result in further losses. In the past months, CFC has also provided selected suppliers of its investment Berndes with guarantees. Here again, respective provisions have already been made. The utilization of these guarantees is probable, given the recent developments. For the last days, the CEO has been in constructive talks with major creditors of CFC, where the funding is related to the investment Berndes. These talks, which currently proceed in a very positive direction, are intended both to allow Berndes a continuation of business, and also to ensure the going concern for CFC AG. Contact: CFC Industriebeteiligungen AG Westfalendamm 9 44141 Dortmund Jan Philipp Gieselberg phone: + 49 (0) 231 222 40 500 E-Mail: info@cfc.eu.com End of Corporate News --------------------------------------------------------------------- 02.07.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 176257 02.07.2012
DGAP-News: CFC Industriebeteiligungen AG: substantive entities of Berndes Group have expactably filed for insolvency
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