DGAP-News: Altira Aktiengesellschaft separates from ecolutions

DGAP-News: Altira AG / Key word(s): Disposal
Altira Aktiengesellschaft separates from ecolutions

10.09.2012 / 15:21

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Altira Aktiengesellschaft has sold its shares of ecolutions GmbH & Co. KGaA
('ecolutions'). At the same time, Altira Aktiengesellschaft has sold all of
its shares in the management company of ecolutions, which manages the
business of ecolutions. All parties agreed not to reveal the purchase price
for the shares and shares in the management company.

Altira Aktiengesellschaft co-founded and largely co-financed the company in
2007, and against the backdrop of recent market changes in the solar
industry, it no longer considers the company to have a viable business
model. For this reason, the liquidation of the company was proposed to the
other shareholders. With the sale of the shares and the management company,
Altira Aktiengesellschaft paves the way for a mutually acceptable solution
with the second major shareholder, Theolia S.A., Aix-en-Provence, France.
Recently, there was disagreement between two major shareholders as to the
future orientation of ecolutions.

++ The Altira Group

The Altira Group is an owner-managed, exchange-listed asset management
company focusing on alternative investment strategies for institutional as
well as private investors. In that area, it concentrates on both
established as well as newly-developing, forward-looking growth markets in
connection with its core areas of focus

__ Renewable Energies & Natural Resources 
__ Africa
__ German 'Mittelstand' & Restructuring


++ Contact

Altira Aktiengesellschaft
Andreas Rösel
Tel: +49 69 719 12 80 0
E-Mail: investor-relations@altira-group.de


End of Corporate News

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10.09.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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Language:    English                                                    
Company:     Altira AG                                                  
             Grüneburgweg 18                                            
             60322 Frankfurt / Main                                     
             Germany                                                    
Phone:       +49 (0)69 719 12 80 - 0                                    
Fax:         +49 (0)69 719 12 80 - 011                                  
E-mail:      info@altira-group.de                                       
Internet:    www.altira-group.de                                        
ISIN:        DE0001218063                                               
WKN:         121806                                                     
Listed:      Freiverkehr in Berlin, Düsseldorf, Stuttgart; Open Market  
             (Entry Standard) in Frankfurt                              
 
 
End of News    DGAP News-Service  
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184766 10.09.2012