T3 Holding GmbH concluded a contract to acquire 75% stake in Bkp Berolina Polyester Gmbh & Co. Kg from Greiffenberger AG (DB:GRF) on October 10, 2016. The receivables due to Greiffenberger AG from BKP, will continue to be available to BKP as a loan, depending on the further economic performance of BKP. Ralf Odenwald will also be supporting BKP in the future as both the Managing Director and a 25% shareholder. The completion of the purchase contract is still subject to various closing conditions, and is expected to take place at latest by October 30, 2016.