The initiative of the major shareholders, who have played a very positive role in the development of BHS over several decades, are legitimate and are a standard process in the business world. The board of management will support the process in the interests of BHS tabletop AG.
The considerations of the major shareholders takes place during a phase of sustained profitability for BHS, in which our company is continuing to grow and is positioned as one of the world’s most successful providers of porcelain and tabletop solutions for all target groups in catering outside the home.
The board of management believes that BHS is well positioned and reaffirms the goal of continued successful development for the company based on the defined corporate strategy, including with a potentially altered ownership structure and does not envisage any particular effects on operational activities from the above issues, especially as operations have proceeded according to plan and have developed positively during the opening months of the current business year.