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Avemio AG: Acquisition of 80% of the shares in L.E.A Investment GmbH and its subsidiary Infinment GmbH

Avemio AG / Key word(s): Investment/Corporate Participation/Corporate Takeover
Avemio AG: Acquisition of 80% of the shares in L.E.A Investment GmbH and its subsidiary Infinment GmbH

26-Jul-2024 / 14:01 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Publication of inside information pursuant to Article 17 of Regulation (EU) No 596/2014

Avemio AG: Acquisition of 80% of the shares in L.E.A Investment GmbH and its subsidiary Infinment GmbH

Frankfurt/Main, July 26, 2024 – On July 26, 2024, Avemio AG acquired shares representing 80% of the share capital of L.E.A. Investment GmbH, Lahr, from Orbiton Holding GmbH, Lahr, via its subsidiary Teltec AG, Mainz-Kastel.
With this transaction, Teltec AG also acquired all shares in the subsidiary of L.E.A. Investment GmbH, Infinment GmbH, Lahr.
The share transfer is scheduled to be completed by August 31, 2024. The purchase price in the mid-single-digit million euro range will not be paid in cash for the most part, but by assuming obligations and will also be financed by a vendor loan.

L.E.A. Investment GmbH is an advisory firm specializing in corporate finance with a focus on implementation-oriented acquisition and growth financing (both debt- and equity-based).
Andreas Fischer will remain Managing Director and will receive a new employment contract until June 30, 2029.

Orbiton Holding GmbH has the right to sell the remaining 20% of the shares in L.E.A. Investment GmbH to Teltec AG by July 31, 2029.

Contact:

Investor Relations
Lindsay Lorent
ir@avemio.com
Avemio AG
Schaumainkai 91
60596 Frankfurt

End of inside information


26-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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