Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Vapiano SE
  6. News
  7. Summary
    VAO   DE000A0WMNK9

VAPIANO SE

(VAO)
End-of-day quote Xetra  -  2021-03-21
0.2520 EUR   -3.45%
2020German insolvencies push up outstanding claims from creditors
RE
2020LIVESTOCK HIGHLIGHTS: Top Stories of the Day
DJ
2020Vapiano Se : The Creditors' assembly decides to close down the remaining enterprise of Vapiano SE with the aim of liquidating and dissolving Vapiano SE
EQ
SummaryQuotesChartsNewsCompanyFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Vapiano : signs agreement to sell Vapiano Holding USA LLC. to Plutos Sama Holdings, Inc.

01/03/2019 | 11:50am EDT

DGAP-Ad-hoc: VAPIANO SE / Key word(s): Disposal
Vapiano SE signs agreement to sell Vapiano Holding USA LLC. to Plutos Sama Holdings, Inc.

03-Jan-2019 / 17:44 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Vapiano SE signs agreement to sell Vapiano Holding USA LLC. to Plutos Sama Holdings, Inc.

Cologne, January 3, 2019 - Vapiano SE (ISIN: DE000A0WMNK9, ticker symbol: VAO) has signed an agreement to sell its shares in Vapiano Holding USA LLC. and seven of its subsidiaries in the USA to Plutos Sama Holdings Inc., Irvine, California (USA) (Plutos Sama).

Under the purchase agreement signed today, Plutos Sama will acquire 100% of the shares of Vapiano Holding USA LLC. for a cash consideration of 15 million dollars.

In connection with the sale, five "Development Agreements" will be signed to open 75 additional franchise restaurants in Illinois, Washington D.C., Virginia, New York and New Jersey, from which Vapiano SE will receive one-time development fees totaling five million dollars.

This move enables Vapiano SE to grow less capital intensive by franchise cooperations in the USA.

The transaction is expected to close in the first quarter of 2019 and is subject to customary closing conditions as well as the financing for the purchase price by Plutos Sama.



Investor Relations contact: 

Dafne Sanac
Mobil: +49 151 6283 2511
Telefon: +49 221 67001 303
E-Mail: d.sanac@vapiano.eu


Financial and business press:

Dariusch Manssuri, IR.on AG
Mobil: +49 173 566 2776
Telefon: +49 221 9140 975
E-Mail: dariusch.manssuri@ir-on.com


03-Jan-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: VAPIANO SE
Im Zollhafen 2-4
50678 Cologne
Germany
Phone: +49 (0) 221 67001-0
Fax: +49 (0) 221 67001-205
E-mail: info@vapiano.eu
Internet: www.vapiano.com
ISIN: DE000A0WMNK9
WKN: A0WMNK
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Munich, Stuttgart, Tradegate Exchange

 
End of Announcement DGAP News Service

763285  03-Jan-2019 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=763285&application_name=news&site_id=zonebourse

© EQS 2019
All news about VAPIANO SE
2020German insolvencies push up outstanding claims from creditors
RE
2020LIVESTOCK HIGHLIGHTS: Top Stories of the Day
DJ
2020Vapiano Se : The Creditors' assembly decides to close down the remaining enterprise of Vap..
EQ
2020Vapiano Se : Appointment of new supervisory board members by the District Court of Cologne
EQ
2020Vapiano SE Appoints Nikolaj Schmolcke, Werner Engels and Roxana Nagat as Members of the..
CI
2020Mario C. Bauer, Harry McGovern, Sinclair Beecham, Vincent van der Valk, Gregor Gerlach ..
CI
2020Consortium of investors including Mario C. Bauer completed the acquisition of 30 restau..
CI
2020Vapiano Se : Appointment of Oliver Meier as member of the Management Board
EQ
2020Vapiano Se : Preliminary announcement of the publication of quarterly reports and quarterl..
EQ
2020Vapiano Se : Application to change from Prime Standard to General Standard
EQ
More news
Analyst Recommendations on VAPIANO SE
More recommendations
Chart VAPIANO SE
Duration : Period :
Vapiano SE Technical Analysis Chart | MarketScreener
Full-screen chart
Managers and Directors
Lutz Christoph Scharpe Chief Financial Officer
Gregor-Alexander Gerlach Member-Supervisory Board
Johann Hinrich Stahl Deputy Chairman-Supervisory Board
Kristian Wettling Member-Supervisory Board
Ado Nolte Director
Sector and Competitors
1st jan.Capi. (M$)
VAPIANO SE0.00%2
STARBUCKS CORPORATION-28.04%96 577
COMPASS GROUP PLC9.24%34 733
DARDEN RESTAURANTS, INC.-18.75%15 003
SODEXO-0.05%10 949
JUBILANT FOODWORKS LIMITED-13.53%5 043