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DGAP-News: Mountain Alliance AG
/ Key word(s): Disposal/Private Equity
Mountain Alliance AG: partial exit with capiton becoming new lead investor at AlphaPet Munich, February 20, 2020 - Mountain Alliance AG (, ) realized a partial exit of its investment in AlphaPet Ventures GmbH. The sale takes place as part of the entry of the private equity investor capiton as new lead investor in AlphaPet Ventures GmbH. capiton has structured its entry as a combination of a capital increase and a share purchase from existing shareholders. With the funding from the capital increase, capiton is primarily financing the acquisition of Healthfood24 GmbH with the "Wolfsblut" brand at AlphaPet. The closing of the transaction has now been executed. Mountain Alliance AG continues to hold a stake of just under 2% in AlphaPet Ventures GmbH in order to be able to further participate in the growth opportunities arising from the now strengthened market position of AlphaPet. Payment of the purchase price in the low seven-digit range is expected to be received in March 2020. CROSS ALLIANCE communication GmbH
20.02.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | Mountain Alliance AG |
| Bavariaring 17 | |
| 80336 München | |
| Germany | |
| Phone: | 1 00 |
| Fax: | 1 11 |
| E-mail: | |
| Internet: | -alliance.de |
| ISIN: | DE000A12UK08 |
| WKN: | A12UK0 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Munich (m:access), Stuttgart, Tradegate Exchange |
| EQS News ID: | 977719 |
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| End of News | DGAP News Service |
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977719Â Â 20.02.2020Â
