Put companies on watchlist
Mountain Alliance AG
ISIN: DE000A12UK08
WKN: A12UK0
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

Mountain Alliance AG · ISIN: DE000A12UK08 · EQS - Company News (29 News)
Country: Germany · Primary market: Germany · EQS NID: 2039449
27 November 2024 10:21AM

Subsidiary of Mountain Alliance AG sells land and property – gross proceeds of € 2.85 million


EQS-News: Mountain Alliance AG / Key word(s): Disposal
Subsidiary of Mountain Alliance AG sells land and property – gross proceeds of € 2.85 million

27.11.2024 / 10:21 CET/CEST
The issuer is solely responsible for the content of this announcement.


 Subsidiary of Mountain Alliance AG sells land and property – gross proceeds of € 2.85 million

  • Subsidiary getlogics sells land and property in Trier
  • Gross sales proceeds of € 2.85 million before taxes and transaction costs
  • Greater financial leeway for Mountain Alliance AG

Munich, 27 November 2024 – getlogics GmbH, a 64% subsidiary of Mountain Alliance AG (MA, ISIN DE000A12UK08), has sold its land and the associated property at the Trier site to a long-standing customer. The gross sales price before deducting taxes and transaction costs is € 2.85 million.

For getlogics GmbH, a logistics and fulfillment service provider focusing on e-commerce based in Trier, the sale eliminates the costs associated with real estate management. The company will therefore operate with an optimized cost profile in the future.

The proceeds from the sale will further improve Mountain Alliance's already solid liquidity position with net financial liabilities of € 0.8 million as at 30 June 2024. This will increase the company's financial leeway for the further expansion of the portfolio, among other things.

“We are delighted with the successful real estate sale and the inflow of funds, which gives us more strategic flexibility. At the same time, we are continuing to work on optimizing our portfolio and on further lucrative exits,” says Dr. Hans Ulrich Tetzner, CEO of Mountain Alliance AG.

About Mountain Alliance AG:
Mountain Alliance AG (MA) (ISIN: DE000A12UK08) is an investment company whose shares are listed in the SME segment m:access of the Munich Stock Exchange and in the Basic Board of the Frankfurt Stock Exchange. As a lean, transparent, and experienced investor with many years of know-how and an excellent network, the company invests in innovative technology companies. The aim is to invest at an early stage in companies and business models that are actively shaping the future technology trends. The company gives shareholders easy access to a diversified portfolio of technology-oriented hidden champions via the stock exchange. 

Contact:

Mountain Alliance AG
Dr Hans Ulrich Tetzner
Management Board
Theresienstr. 40
80333 Munich
e-mail: tetzner@mountain-alliance.de
www.mountain-alliance.de

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Investor Relations
Bahnhofstr. 98
82166 Gräfelfing/Munich
phone: +49 89 1250903-30
e-mail: sh@crossalliance.de
www.crossalliance.de



27.11.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Mountain Alliance AG
Theresienstraße 40
80333 München
Germany
Phone: +49 89 231 41 41 00
Fax: +49 89 231 41 41 11
E-mail: sh@crossalliance.de
Internet: www.mountain-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: 2039449

 
End of News EQS News Service

2039449  27.11.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=2039449&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f
Visual performance / price development - Mountain Alliance AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.