euro adhoc: Mergers - Acquisitions - Takeovers / Bene buys Germany’s Till Group

--------------------------------------------------------------------------------
Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
--------------------------------------------------------------------------------

09.11.2006

Bene buys Germany’s Till Group Vienna/Waidhofen an der Ybbs, 9
November 2006. Vienna Stock Exchange listed Bene AG has acquired all
the shares in Germany’s Till Group. The purchase price was not
disclosed. The Till Group, which has been a Bene AG distributor
since 1996, is a successful specialist office furniture distributor
in Germany with a prospective turnover in financial 2005/06 of EUR
7.7 million.

With the exit of the previous owner, Bene is taking over two
flourishing operations, in Stuttgart and Villingen-Schwennigen,
further strengthening its position in the prosperous
Baden-Württemberg region. Bene and the Till Group have already
successfully cooperated in supplying such international customers as
Altana and Burda.

Germany is the biggest market for office furniture in Europe and Bene
now has a total of 14 outlets.

About Bene Bene specialises in the conception and design of office
environments and, as the uncontested number one in Austria and number
six in Europe, is one of Europe's leading office furnishers. Bene has
74 outlets in 29 countries, including 35 branches and 39 specialist
dealers, giving it one of the strongest direct sales networks in the
business. Bene’s consolidated revenues in financial 2005/06 came to
EUR 186.7 million, and the Group currently employs some 1,200 staff
worldwide.

end of announcement euro adhoc 09.11.2006 12:09:48
--------------------------------------------------------------------------------

ots Originaltext: BENE AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Ursula Grabher
Bene AG
Renngasse 6, A-1010 Vienna
www.bene.com
Tel: +43 (0)1 53426 direct dial 1265 Fax +43 (0)1 534261270
E-Mail press@bene.com

Branche: Furnishings & Furniture
ISIN: AT00000BENE6
WKN:
Index: ATX Prime
Börsen: Wiener Börse AG / official market


	hier anmelden...