News detail

HELMA Eigenheimbau AG acquires finance broker Hausbau Finanz GmbH

HELMA Eigenheimbau AG / Acquisition

02.09.2010 09:40

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

HELMA Eigenheimbau AG acquires finance broker Hausbau Finanz GmbH
Lehrte, September 2, 2010 - HELMA Eigenheimbau AG, the specialist for individual solid construction homes and sustainable energy concepts, is entering the finance broking agency business. To this end, HELMA has acquired Hausbau Finanz GmbH, Minden, by way of an asset deal. Along with its successfully tested business model and extensive sector expertise, which will continue to be managed and expanded within a one hundred percent subsidiary under the same name based in Lehrte, a portfolio of around 6,000 customers in the loan financing area and an attractive base of home insurance clients have also been acquired.

Hausbau Finanz GmbH will focus on its new client business, which will particularly comprise the broking of loans for future HELMA customers. This not only allows HELMA Group's portfolio of services to be rounded out optimally, but also implements a further central growth pillar for house sales.

'The timing for entering finance broking could hardly be better given historically low construction loan interest rates,' was how Karl-Heinz Maerzke, Chairman of the Management Board of HELMA Eigenheimbau AG, commented on the takeover that the company has realised. 'Favourable construction loan terms are a powerful reason why families, particularly those who are still renting their homes, and investors, should be very interested in purchasing real estate especially at the moment. With a finance broker within our Group that has excellent contacts to numerous banks and savings institutions, it is now possible for us to comprehensively service these and other interested parties in the home financing area too, and to further expand the base of potential purchasers of individual HELMA homes,' Mr. Maerzke went on to remark.
With the prolongation of loans that are due for renewal from among its extensive client base, and its supplementary insurance business, Hausbau Finanz GmbH also has further attractive business pillars.
The purchase price together with all costs connected with the establishment of its own Hausbau Finanz GmbH amount to a total of around TEUR 250.
The Management Board of HELMA Eigenheimbau AG is firmly assuming that it will also be possible to fully integrate Hausbau Finanz GmbH into the HELMA Group in operating terms by the end of the current financial year. As a consequence, it is anticipated that Hausbau Finanz GmbH will arrange a loan volume of EUR 35-50 million for the 2011 financial year, and of significantly more than EUR 60 million in the medium term. Hausbau Finanz GmbH would be profitable from the start given the above-mentioned volumes, contributing annual net income in the low six-digit euro range to Group net income in the medium term. Of much greater importance, however, is the tangible contribution that the new subsidiary will simultaneously make to continued growth in new orders at HELMA Eigenheimbau AG and HELMA Wohnungsbau GmbH.


HELMA Eigenheimbau AG is a customer-oriented building services-provider offering a full range of services. The focus is on the development, planning, sale, and construction management of turnkey or partially completed detached and semi-detached houses using the solid construction method. Particularly the option of individual planning and individualisation without extra costs, as well as the company's outstanding know-how in the area of energy-efficient construction methods, are perceived on the markets as HELMA Eigenheimbau AG's unique selling propositions. With its persuasive sustainable energy concepts, the company has established itself as one of the leading providers of solar energy-saving homes, and is one of the most experienced companies in the solid construction house sector, having constructed several thousand owner-occupier homes. As a property development company and a finance broker respectively, HELMA Wohnungsbau GmbH and Hausbau Finanz GmbH expand HELMA Group's product range.


Gerrit Janssen, Management Board member, CFO
Tel.: +49 (0)5132 8850 113

02.09.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Media archive at and

Language:     English
Company:      HELMA Eigenheimbau AG
              Zum Meersefeld 4
              31275 Lehrte
Phone:        +49 (0)5132/8850-0
Fax:          +49 (0)5132/8850-111
ISIN:         DE000A0EQ578
WKN:          A0EQ57
Listed: Freiverkehr in Hamburg, Berlin, Düsseldorf, Stuttgart; Entry               Standard in Frankfurt
End of News DGAP News-Service