DE

News

Expand / Hide all

CEWE takes over system supplier for CEWE Photo Station:

DGAP-News: CEWE Stiftung & Co. KGaA / Key word(s): Takeover
CEWE takes over system supplier for CEWE Photo Station:
30.05.2022 / 11:00
The issuer is solely responsible for the content of this announcement.

CEWE takes over system supplier for CEWE Photo Station

Oldenburg/Delmenhorst, May 30, 2022. CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE 0005403901) has concluded a purchase agreement for Delmenhorst-based Hertz Systemtechnik GmbH as part of its succession plan. CEWE acquires with Hertz Systemtechnik GmbH a specialist for the development and production of POS terminal systems and its long-time partner and supplier for the CEWE Photo Station. "The acquisition of Hertz Systemtechnik GmbH is an excellent addition to our competence profile in the instant photo business at the point of sale. We are very pleased to further expand our market leadership in European photofinishing together with our colleagues from Hertz now within the CEWE Group," says Dr. Christian Friege, Chairman of the Board of Management of CEWE Stiftung & Co. KGaA. The founder and long-time main shareholder of Hertz Systemtechnik GmbH, Gerhard Richter: "I am very pleased to place my life's work in the hands of our long-time main customer and development partner. We appreciate CEWE as a solid and innovative partner. With this step to CEWE we remain a good home for all employees." Last year, the CEWE Photo Center, which was developed together with Hertz, won the prestigious TIPA World Award - one of the most respected awards for photo and imaging products - as the "Best Retail Finishing System Worldwide" for its intuitive, easy ordering and wide range of products. Both parties have agreed not to disclose the purchase price.


Should you have any queries, please contact:
CEWE Stiftung & Co. KGaA, Axel Weber (Investor Relations)
Tel.: 0441 / 404 - 2288, Fax: 0441 / 404 - 421, Email: IR@cewe.de

Internet: cewe.de , deindesign.de , whitewall.com , cheerz.com ,
cewe-print.de , viaprinto.de , saxoprint.de, laser-line.de

The CEWE apps are all available in the app stores: CEWE FOTOWELT, CEWE POSTCARD and other photo apps, and the CEWE Investor Relations App for iPads© or android tablets, with annual reports and quarterly reports, presentations and sustainability reports.


Financial schedule
(insofar as already scheduled)

15.06.2022 2022 Annual General Meeting
09.08.2022 Publication of the 2022 HY1 interim report
20.09.2022 2022 Berenberg & Goldman Sachs German Corporate Conference
21.09.2022 2022 Baader Investment Conference
11.11.2022 Publication of the 2022 Q3 interim communication
29.11.2022 2022 German Equity Forum

About CEWE:
The CEWE Group is Europe's leading photo service and online printing supplier.

From its beginnings in 1912, CEWE has progressed to become the leading photo service company for all those wanting to make more of their photos. This is mainly due to the much-awarded CEWE PHOTOBOOK, with more than six million books being sold each year. Customers can purchase other personalised photo products under the brand names of CEWE, WhiteWall and Cheerz – and from many leading retailers in Europe. They are inspired to produce a variety of creative designs from their personal photos in these brand environments, entrusting the company with more than 2 billion photos every year.

The CEWE Group has also set up a highly efficient production system for advertising prints and business prints for the online printing market, which is still a new market. Every year billions of high-quality printed products are delivered reliably to their purchasers through the SAXOPRINT, LASERLINE and viaprinto sales platforms.

The CEWE Group, through the founder family of Neumüller as an anchor shareholder, focuses on sustainable corporate management and has already received many awards for this effort: economically sustainable in the long term; cooperative and fair in dealings with customers, employees and suppliers; socially responsible and protective of the environment and resources. An example of this is the climate-neutral process used to produce all the CEWE brand-name products.

The CEWE Group has a staff of 4,000 employees and operates in 21 countries. CEWE is listed on the SDAX. More information is available at company.cewe.de.



30.05.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this
Contact
Ihr Ansprechpartner für Investor Relations

Axel Weber
Leiter Investor Relations,
Planung & Reporting

Telefon: +49 (0) 441 404-2288
Fax: +49 (0) 441 404-421

Get in touch

CEWE Stiftung & Co. KGaA
Meerweg 30-32
26133 Oldenburg

Get route