Lalique Group SA / Key word(s): Miscellaneous MEDIA RELEASE – Ad hoc announcement pursuant to Art. 53 LR Media release (PDF) Zurich, 13 December 2023 – Lalique Group SA (SIX: LLQ), which is active in the creation, development, marketing and worldwide distribution of luxury goods, has been informed that Müller Handels AG Schweiz is acquiring a further approximately 1.3 million shares in Lalique Group and is thus increasing its participation in the company to 25.0%. Silvio Denz, Chairman of the Board of Directors, remains the majority shareholder. Müller Handels AG Schweiz expects the equity transactions to be completed in the coming days. Silvio Denz’s participation in Lalique Group will subsequently decrease to 50.1% and he remains the majority shareholder. Silvio Denz stated: “We see Erwin Müller’s decision to increase his stake in Lalique Group as a vote of confidence and we also view it as an obligation on our part. We would be pleased to have a representative of Müller Handels AG Schweiz join our Board of Directors. Over the past few months, Lalique Group and the Müller drugstores have intensified their longstanding collaboration in the distribution of perfumes and sun protection products, and we are exploring further opportunities for cooperation.” Müller Handels AG Schweiz with registered offices in Oberentfelden, which acquired an 8.3% participation in Lalique Group from Silvio Denz in July 2023, is the Swiss arm of the Müller drugstore chain established by Erwin Müller in 1953 near Ulm. Müller today has more than 900 branches and around 35,000 employees in German-speaking markets, Eastern Europe and Spain.
Phone: +41 43 499 45 58
Lalique Group Additional information is available at: www.lalique-group.com End of Inside Information |
Language: | English |
Company: | Lalique Group SA |
Grubenstrasse 18 | |
8045 Zürich | |
Switzerland | |
Phone: | 043 499 45 00 |
Fax: | 043 499 45 03 |
E-mail: | info@lalique-group.com |
Internet: | www.lalique-group.com |
ISIN: | CH0033813293 |
Valor: | A0M1KL |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1795543 |
End of Announcement | EQS News Service |
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1795543 13-Dec-2023 CET/CEST
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