- 19.11.2008, 19:20:33
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- OTE0009
Valora Retail appoints Hanspeter Büchler to lead its press and books distribution channel in Switzerland.
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ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
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Muttenz (euro adhoc) - Hanspeter Büchler, until recently CEO of Switzerland's
leading bookseller Thalia, will be joining Valora Retail with effect from
January 1, 2009. In his new leadership role, he will be responsible for the
further development and expansion of the press and books side of Valora Retail.
Emphasis will be placed both on the significant potential synergies which
Valora's existing outlet network can provide as well as on further expanding
Valora's press and books operations.
The press and books market is of great strategic importance to Valora, as is
also underscored by the Group's purchase of 19 outlets from Konrad Wittwer GmbH
announced on November 19, 2008. Following that acquisition, Valora Retail's
"k presse + buch" format will prominently present at major railway stations in
all 16 German Federal states. The 190 outlets Valora Retail will now soon be
operating in stations, airports, shopping centres, department stores and retail
parks throughout Germany have secured it a leading position in the German
market. Valora will also build up its press and book operations in Switzerland.
Further inquiry note:
Investor Relations:
Mladen Tomic
Tel.: +41 58 789 12 20
E-Mail: [email protected]
oder
Media Relations:
Stefania Misteli
Tel.: +41 58 789 12 01
E-Mail: [email protected]
end of announcement euro adhoc
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emitter: Valora Holding AG
Belpstrasse 37
CH-3007 Bern
phone: +41 58 789 11 11
FAX: +41 58 789 11 12
mail: [email protected]
WWW: www.valora.com
sector: Retail
ISIN: CH0002088976
indexes:
stockmarkets: official market: SWX Swiss Exchange, official dealing: BX Berne
eXchange
language: English
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