Conzzeta: Strategic transformation completed - Conzzeta reaches agreement to divest Mammut
Conzzeta / Key word(s): Disposal
26-Apr-2021 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.
Strategic transformation completed
Conzzeta reaches agreement to divest Mammut
Zurich, April 26, 2021 - Conzzeta reports the signing of a binding agreement to divest its Mammut business unit to Telemos Capital, London, UK. Telemos Capital was founded and is chaired by Philippe Jacobs, who is also Co-Chairman of Jacobs Holding AG, Zurich, Switzerland. The closing of the transaction is expected by mid-2021, subject to regulatory approval.