DF-Group takes over Berlin-based Vagabund Brewery

EQS-News: DF Deutsche Forfait AG / Key word(s): Takeover
DF-Group takes over Berlin-based Vagabund Brewery

02.07.2024 / 09:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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  * DF-Group acquires 100 % of the assets of the insolvent Vagabund Brauerei
    GmbH from Berlin

* Name change to Vagabund Brauerei FB GmbH decided

  * Brewery site in the former Osram-Höfe and Taproom in Berlin-Wedding to
    be retained

* New Business model developed for successful continuation.

Cologne, 02 July 2024 - DF Group is vigorously implementing its announced
diversification of the business segments and announces its first M&A deal.
Vagabund Brauerei FB GmbH, a newly founded subsidiary of DF Deutsche Forfait
AG's (ISIN: DE000A2AA204) (DF AG) intermediate holding company DF Food &
Beverage Holding GmbH, acquired all assets of the insolvent Berlin craft
beer brewery Vagabund Brauerei GmbH on 1 July 2024. This will enable the
brewery, which has been located in the Brüsseler Kiez of Berlin-Wedding
since 2011, to continue its business activities under new management with
new ideas.

In 2009, "three Americans travelled across the Atlantic to form a band in
Berlin", as you can read on the website www.vagabundbrauerei.com. Although
the band did not achieve a musical breakthrough, they turned their other
shared passion into a profession and founded the Vagabund Brewery in 2011.
From Belgian Ales and Pale Ales to Double IPAs and Stouts to Berliner Weisse
and Berliner Helles - with over 150 types of beer now brewed, Vagabund
Brauerei has developed into a multi-award-winning craft beer brewery.

"Unfortunately, exploding procurement costs and a failed financing round
forced us to file for insolvency in early 2024," says Matthew Walthall, one
of the three founders and former managing directors. "We are therefore all
the more pleased that DF Group approached us to take over and continue the
business operations and the brewery."

"Vagabund Brauerei presented us with a unique opportunity to realise the
diversification of our business areas with the announced M&A strategy,"
commented Management Board member Hans-Joachim von Wartenberg on the
takeover. "We came to an agreement with the insolvency administrator very
quickly and will now maintain the well-known traditional values of the
"Vagabund" with a new management team and use new ideas to take the
brewery's previous success beyond the city limits of Berlin."

About Vagabund Brewery

The story of the Vagabund Brewery began in 2009 when the three founders, who
originally played in a band together, lacked "something exciting and liquid"
to perform good music. As there was "only Pilsener" in Berlin, they decided
to brew their first Pale Ale themselves, which quickly won many fans after
its market launch. In 2011, the band members founded Vagabund Brauerei GmbH
and opened a bar, the Taproom, in Berlin-Wedding in 2013. Between 2014 and
2020, Vagabund was voted one of the best craft beer breweries in Germany by
RateBeer for seven years in a row. In 2021, Vagabund Brauerei significantly
expanded its capacity by converting the listed boiler house in the former
Osram-Höfe in Berlin-Wedding into a brewery with a production capacity of
around 30,000 litres per month and also opened a bar and beer garden in the
boiler house. In July 2024, the listed DF Group took over the Vagabund
Brewery.

About DF-Group

DF Group is a finance company with the business areas of external trade
finance, proprietary trading and M&A. It focuses on the food,
pharmaceutical, healthcare, industrial, energy and infrastructure sectors.
DF Group specialises in the food, pharmaceutical, healthcare, industrial,
energy and infrastructure sectors. As a specialist in foreign trade finance
with a focus on the Middle East, Eastern Europe and Central Asia, we offer
our customers the right product solution thanks to our extensive experience,
our strong network and our comprehensive compliance expertise. Since 2023,
DF Group has also acted as an independent trader of commodity products in
the new Trading segment in compliance with the applicable compliance
requirements. M&A activities have been part of DF Group's business areas
since 2024.

Press contact DF Deutsche Forfait AG / Vagabund Brauerei FB GmbH i. G.

Guido Janzen
Director Investor Relations / Media
Gustav-Heinemann-Ufer 56, D - 50968 Cologne
P +49 221 97376-61

E investor.relations@dfag.de
www.dfag.de


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02.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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   Language:       English
   Company:        DF Deutsche Forfait AG
                   Gustav-Heinemann-Ufer 56
                   50968 Köln
                   Germany
   Phone:          +49 221 97376 - 0
   E-mail:         dfag@dfag.de
   Internet:       www.dfag.de
   ISIN:           DE000A2AA204, DE000A1R1CC4,
   WKN:            A2AA20, A1R1CC
   Listed:         Regulated Market in Frankfurt (General Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1937381

End of News EQS News Service
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1937381 02.07.2024 CET/CEST