United Labels AG

ots Ad hoc-Service: United Labels AG

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    Münster (ots Ad hoc-Service) -      

    The Münster-based company United Labels has taken over Columbine bvba, the Belgian specialist for licence products.

    - Expansion of product range and European licence rights - Sales forecast (2000) increases to DM 58 million - Sales have doubled compared to 1999

    Effective 1 January 2000, United Labels AG has acquired Columbine bvba, Belgium, which has been operating successfully for many years in the licence product markets. With this acquisition, it has further expanded its position as a European licence product specialist for comicware. Columbine generated sales of DM 16.3 million in 1999 (1998: 10.4 million). Earnings before interest and tax (EBIT) amounted to around DM 1.4 million (1998: DM 0.7 million).

    Columbine's licence portfolio complements that of United Labels, and the company also has additional new lucrative licences, such as Digimon, Garfield, Buffy-The Vampire and Ally McBeal. With around 2,000 products, primarily in the field of ceramics, glass, games and watches, the Belgian company complements the goods offered by United Labels throughout Europe optimally. Further synergy effects in common European sales is produced by greater access to retailers, particularly in Southern and Western Europe.

    The acquisition of Columbine is expected to increase sales of United Labels AG in 2000 up to DM 58 million, which will be more than twice as high as the corresponding figures of 1999 (DM 26.6 million).

    For further information:

    United Labels AG Karsten Goedde (CFO) Gildenstr. 6 D-48157 Münster Tel.: 0251-3221-401 Fax: 0251-3221-900 e-mail: kgoedde@unitedlabels.com

    United Labels AG Holger Pentz Leiter Controlling/IR Gildenstrasse 6 48157 Münster Tel.: 0251-3221-405 Fax: 0251-3221-960 e-mail: hpentz@unitedlabels.com

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