Docdata Sells its Last CD and DVD Replication Activities in Tilburg to Replifact Media B.V.
WAALWIJK, The Netherlands, November 18, 2011/PRNewswire/ --
The management of DOCDATA N.V. today announces that its subsidiary
docdata media B.V. in Tilburg, a part of the e-commerce service company
Docdata, has sold its business activities for CD and DVD replication to
Replifact Media B.V. in Bladel in Noord-Brabant, the Netherlands. The
transfer will take place on 31 December 2011 at the date of the completion
of the transaction.
The purchase agreement of this transaction has the structure of an asset
deal and includes the sale on 31 December 2011 of all media replication
business activities and related tangible fixed assets (excluding the land
and building at the Dr. Paul Janssenweg 140 in Tilburg), inventory and
customer and supplier contracts. A total of 27 employees will be taken over
by Replifact Media B.V. With this transaction the last CD and DVD
replication activities of Docdata will be sold. Details concerning the
financial conditions of this transaction will not be disclosed at the
specific request of the shareholders of Replifact Media B.V.
Replifact is a production company with one business establishment in
Bladel and is since March 2000 active in the market for CD and DVD
replication and packaging of produced CD and DVD discs, primarily for the
corporate market (for instance business presentations, marketing, etc.). At
the moment Replifact employs about 20 people. With this acquisition,
Replifact wants to increase its production capacity and capacity
utilization, and gain a stronger position in the entertainment replication
segment (in particular music) through the acquisition of the large customer
base of Docdata.
Docdata media B.V. realised a revenue of about EUR 5 million with the CD
and DVD replication in 2010. Currently, docdata media B.V. has a total of 48
employees of which 21 people will remain employed by docdata media B.V. for
the existing e-commerce services including the photo studio and fulfilment
activities of the e-commerce service company. By this, a job guarantee can
be offered to all employees of docdata media B.V. without compulsory
redundancy.
Michiel Alting von Geusau, CEO of DOCDATA N.V.: "Since Docdata changed
her focus to expanding its market leadership in the e-commerce fulfilment
segment a few years ago, CD and DVD replication is no longer a strategic
activity. Therefore we are very pleased that we can offer the employees and
customers of docdata media B.V. a future at a reputable company that, like
Docdata, finds service and quality of prime importance. I believe that this
agreement with Replifact Media B.V. is in the best interest of our employees
in Tilburg and our customers. For them, there is now clarity about the
future and a period of uncertainty has ended after we already had sold our
foreign media replication business activities. We wish them all success and
would like to thank in particular our employees who will leave Docdata for
their long and loyal commitment to Docdata, and we would like to thank our
customers for many years of trust in our company."
Jan Doggen, Managing Director of docdata media B.V. and from 1 January
2012 on a member of the management team of Replifact Media B.V. in the
position of Commercial Director: "When the shareholders of Replifact Media
B.V. approached us with the idea for this transaction, we realised that this
was a unique opportunity. This allows us not only to safeguard our pillars
'Quality, Reliability and Service', but also to further expand through a
combination of collective experience of many years and know-how in the
replication business. I am very delighted with the agreement of this
transaction. I will set to work with great enthusiasm in my new role at
Replifact. With this acquisition, Replifact will be able to operate more
powerful and strengthen and expand its position in the market for CD and DVD
replication. This also implies a promise for the future of customers of
docdata media B.V. who we would like to continue to provide our service
after the acquisition by Replifact."
The listed DOCDATA N.V. exists of two lines of business:
E-commerce service company Docdata ( http://www.docdata.com) is a
European market leader with a strong basis in The Netherlands, Germany and
the United Kingdom. Docdata offers a complete e-commerce service portfolio
to clients, enabling them to be successful on the internet.
Technology company IAI industrial systems ( http://www.iai-industrial-systems.com) is a high tech engineering
company specialised in developing and building systems for very accurate and
high speed processing of all kinds of products and materials. IAI delivers
clients globally in the following sectors: securing and personalising of
security documents, processing of solar cells and modules and processing of
other materials and products.