Herlitz Group sells Herlitz PBS to Pelikan

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Herlitz PBS AG, including its German and Austrian sales operations and administrative functions, will be sold to the Pelikan Holding AG group with effect from 1 March 2014. The selling price is based on the net asset value of Herlitz PBS AG less liabilities plus a premium of €3.9m. Herlitz Group said it had been ...

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