Press Releases

Haniel successfully implements further measures to reduce its debt


  • Reduction of the Metro shareholding to 30.01% realised
  • Proceeds of approximately € 300 million generated
  • Rapid implementation due to attractiveness and liquidity of the shares

Duisburg, 6 February 2013. In a further important step towards implementing the package of measures to reduce its debt announced on 27 November 2012, Franz Haniel & Cie. GmbH downsized its shareholding in Metro AG from 34.24% to 30.01%. The disposal of approximately 13.7 million shares generated proceeds of around € 300 million.

The alignment took place after prior consultation with the pool partner, Schmidt-Ruthenbeck, with whom the company previously bundled 50.01% of the shares. In the context of the pool partnership, Haniel and Schmidt-Ruthenbeck will continue to positively accompany and support the strategic development of Metro AG.

“We are pleased that we were able to take this important, previously announced, step towards reducing our debt in such a short space of time”, said CEO Stephan Gemkow. “The shareholding in Metro AG will remain an anchor investment for Haniel going forward.”