RB 103/2015 Completion of Share Purchase Agreement – Marinopoulos Coffee Companies
With reference to the announcements RB 17/2015 of 5th March 2015 and RB 58/2015 of 9th May 2015, the Management Board of AmRest Holdings SE (“AmRest” or ”the Company”) informs about the completion (“Completion”) on 24th June 2015 of the Share Purchase Agreement (“Agreement”) between AmRest Sp. z o.o. („AmRest Poland”) and Marinopoulos Coffee SEE B.V. (“Seller”). As a result of the Completion AmRest Poland acquired 100% shares of S.C. Marinopoulos Coffee Company III S.r.l. (“MCC Romania”) and Marinopoulos Coffee Company Bulgaria EOOD (“MCC Bulgaria”) at total price of EUR 16.4m.
All conditions precedent and approvals required under the Agreement including in particular the consent of the owner of Starbucks brand, landlords’ approvals and satisfactory result of due diligence performed on MCC Bulgaria have been fulfilled.
Legal act:
Art. 56 Sec. 1 Point 2 of Act on public offering, conditions governing the introduction of financial instruments to organized trading and public companies dated July 29th 2005