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Press Release

Press Release

Wuppertal, 30. November 2011

Vorwerk Ventures invests in DaWanda GmbH, the online marketplace for unique and handmade items

Vorwerk Direct Selling Ventures, the Corporate VC fund of the Vorwerk Group, is investing € 4 Million, together with Piton Capital, in DaWanda GmbH (http://en.dawanda.com), Europe’s biggest online marketplace for unique and handmade items. With new business partners Vorwerk Ventures and British investor Piton Capital on board, the company plans to continue its growth and enhance its international profile.

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Wuppertal, 07. Juni 2011

Vorwerk Group Reports Prosperous 2010

Direct selling a powerful growth engine / All divisions profitable

The Vorwerk Group closed the 2010 fiscal year with sales up a clear 9.3 percent. Above all, the direct sales activities of the Vorwerk Divisions Kobold, Thermomix und JAFRA Cosmetics revealed themselves to be the chief contributing factor to the company’s success with growth rates in the two-digit range. "We are now looking back on the best year ever in the company’s history," announced Water Muyres and Reiner Strecker, the Vorwerk Group’s two Managing Partners, at its financial press conference in Wuppertal. "A glance at the regions and countries in which we operate also reveals a positive picture: In Europe, total sales were eight percent up on the figures for the previous year; in Asia we saw three-percent growth, on the American continent as much as 15.4 percent. What’s more, all of our divisions are profitable."

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