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
DGAP-News: Altira Aktiengesellschaft separates from ecolutions
| Source: EQS Group AG