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BRIEF-United labels acquires a further 40pct interest in Open Mark United Labels Gmbh
June 3, 2014 / 10:58 AM / 3 years ago

BRIEF-United labels acquires a further 40pct interest in Open Mark United Labels Gmbh

June 3 (Reuters) - United Labels AG : * Says acquired a further 40pct interest in Open Mark United Labels Gmbh * Ownership interest in joint venture raised from 50pct to 90pct * Acquisition underpins the revenue and earnings forecast drawn up by the

company for this financial year * Says purchase price in euros for the newly acquired interests is towards the

lower end of the six-figure range * Says entity will be fully consolidated in the current financial year * Says deal is likely to have a positive effect on earnings for United Labels

AG equivalent to about EUR 0.2 million * Source text for Eikon * Further company coverage

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