Brief: Polytec Holding to purchase entire stock of Polytec Immobilien Holding GmbH

Polytec Holding AG

19/02/2015 10:10

Feb 19 (Reuters) - Polytec Holding AG  POLV.VI  
    * Says to purchase entire stock of Polytec Immobilien 
Holding GmbH from Huemer Holding GmbH 
    * Says transaction has a value of around 84 million euros 
($95.74 million)  
    * Says anticipated contribution to results from purchase of 
real estate portfolio totals roughly 8 million euros p.a. On an 
EBITDA basis and around 5 million euros p.a. on an EBIT basis 
    * Says unaudited turnover and result figures for 2014 
financial year point to a slight increase in Polytec group 
turnover during past year to approximately 491 million euros 
    * Says FY 2014 preliminary EBITDA amounts to roughly 36 
million euros and preliminary EBIT to some 20 million euros 
 
Source text for Eikon:  ID:nPex1gYH4w  
Further company coverage:  POLV.VI  
 
($1 = 0.8773 euros) 
 
 (Gdynia Newsroom) 
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