GERMANY - CFC has acquired delmod international

CFC Industriebeteiligungen GmbH & Co. KGaA has acquired 84.8 % of delmod international Bekleidungsindustrie GmbH & Co. Hanse-Kleidung KG for an undisclosed amount. Delmod is a textile manufacturer and local fashion company in Germany, and distributes ladies' wear under the brands "delmod" and "Kim Kara". The company is headquartered in Delmenhorst, employs approximately 200 staff, and reported a turnover of about EUR 56.9m in the previous financial year ending March 31st 2007. This marks the largest transaction for CFC so far, and increases CFC's annualised consolidated revenues to more than EUR 150m.