corporate March 29, 2021

GERRY WEBER to sell Ravenna Park logistics centre to majority share­hold­er of the Walbusch Group

GERRY WEBER International AG as well as BRE GmbH & Co. KG and WB Logistik GmbH, two entities specifically established by Christian Busch, have signed a corresponding term sheet. The latter has been approved by the creditors’ committee of GERRY WEBER International AG.

corporate March 25, 2021

Angelika Schindler-Obenhaus is the new CEO at GERRY WEBER – Alexander Gedat strives to return to the Su­per­vis­ory Board

Angelika Schindler-Obenhaus takes over the position from Alexander Gedat, who assumed the role temporarily in February 2020.

corporate March 15, 2021

GERRY WEBER In­ter­na­tion­al AG: Audit of the annual and con­sol­id­ated financial state­ments 2020 delayed – turnover and earnings forecast for the financial years 2020 and 2021 remain unchanged

GERRY WEBER International AG will file an application for the appointment of a new auditor without delay

corporate February 18, 2021

GERRY WEBER In­ter­na­tion­al AG: GERRY WEBER In­ter­na­tion­al AG strengthens liquidity

GERRY WEBER International AG receives additional liquidity of at least approximately EUR 5 million. Today, the company has entered into a new, secured credit facility for this purpose. Bondholders of the company with a minimum volume of bonds in the amount EUR 100,000 (based on the nominal amount or the redemption amount) who are authorized to grant loans to the company will be given the opportunity to exchange their bonds plus an additional cash payment of at least EUR 100,000 (corresponding to EUR 1 in cash for each EUR 1 nominal amount or redemption amount of the bonds participating in the exchange) into an investment in the credit facility in the amount of at least EUR 200,000.

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