Brief: Brockhaus Capital Management Says Signed Purchase Agreement To Acquire Majority Stake In Digital B2b Leasing Platform Bikeleasing

Brockhaus Technologies AG

16/06/2021 02:11

June 15 (Reuters) - Brockhaus Capital Management AG
 BKHTn.DE :
    * DGAP-ADHOC:  BROCKHAUS CAPITAL MANAGEMENT AG: BCM AG
SIGNED
PURCHASE AGREEMENT TO ACQUIRE MAJORITY STAKE IN DIGITAL B2B
LEASING PLATFORM BIKELEASING - FORECAST FOR FISCAL YEAR 2021
SIGNIFICANTLY INCREASED
    * BROCKHAUS CAPITAL MANAGEMENT AG: BCM AG SIGNED PURCHASE
AGREEMENT TO ACQUIRE MAJORITY STAKE IN DIGITAL B2B LEASING
PLATFORM BIKELEASING - FORECAST FOR FISCAL YEAR 2021
SIGNIFICANTLY INCREASED
    * BROCKHAUS CAPITAL MANAGEMENT - HAS SIGNED A PURCHASE
AGREEMENT
TODAY FOR ACQUISITION OF A MAJORITY STAKE IN BIKELEASING-SERVICE
GMBH & CO. KG
    * BROCKHAUS CAPITAL MANAGEMENT AG  BKHTn.DE  - BCM AG WILL
APPROXIMATELY HOLD A 60% SHARE IN ACQUISITION COMPANY
    * BROCKHAUS CAPITAL MANAGEMENT AG  BKHTn.DE - CURRENT
MANAGING
SHAREHOLDERS RETAIN A SIGNIFICANT STAKE IN BLS THROUGH A
RE-INVESTMENT IN ACQUISITION CO
    * BROCKHAUS CAPITAL MANAGEMENT - IT IS PLANNED THAT FOUNDERS
INVEST AT LEVEL OF BCM AG BY WAY OF A CAPITAL INCREASE THROUGH
CONTRIBUTION IN KIND
    * BROCKHAUS CAPITAL MANAGEMENT AG  BKHTn.DE   - BCM AG
RESERVES
RIGHT TO DECREASE ITS STAKE IN ACQUISITION COMPANY TO 50.1% 
    * BROCKHAUS CAPITAL MANAGEMENT - TO BE FINANCED FROM
AVAILABLE
CASH AS WELL AS THROUGH A CAPITAL INCREASE WITH SHAREHOLDERS'
SUBSCRIPTION RIGHTS
    * BROCKHAUS CAPITAL MANAGEMENT AG  BKHTn.DE  - PURCHASE
PRICE
ATTRIBUTABLE TO BCM AG AMOUNTS TO APPROXIMATELY EUR 167M
    * BCM AG- RAISING FORECAST; NOW EXPECTS FOR FY PRO FORMA
REVENUE
OF BETWEEN EUR 120M AND EUR 130M AND ADJUSTED EBITDA (PRO FORMA)
OF APPROX. EUR 34M

Source text for Eikon:  ID:nEQ5lmzBWa 
Further company coverage:  BKHTn.DE 

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