Bloomberg News

Calida Plans Acquisitions in Europe, CEO Tells Handelszeitung

November 23, 2011

Nov. 23 (Bloomberg) -- Calida Holding AG plans to make acquisitions in Europe, Handelszeitung reported, citing an interview with Chief Executive Officer Felix Sulzberger.

“We’re interested in companies that are in Europe, but globally active,” Sulzberger was quoted as saying in a pre- release of an article to be published tomorrow.

Sulzberger said Calida sees a “flat development” for August, September and October, adding that the crisis will affect the low price segment, rather than the luxury segment.

--Editor: Matthias Wabl

-0- Nov/23/2011 15:53 GMT

To contact the reporter on this story: Corinne Gretler in Zurich at cgretler1@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net -0- Nov/23/2011 15:49 GMT


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