MBH Corporation: MBH Corporation accepts terms of a second subsidiary to Lara Group plc

Tunbridge Wells, Kent (pta030/04.05.2018/18:40 UTC+2) ,

MBH Corporation accepts terms of a second subsidiary to Lara Group plc, following the successful acquisition of Acacia Training Limited

- MBH Corporation accepts terms to acquire Lara Group Plc with a second subsidiary, Acacia Training Limited, following the successful acquisition of Acacia by Lara.
- The acquisition of Lara is subject to the successful execution of legal contracts between Lara and MBH.

4th May 2018 - MBH Corporation plc (M8H.DU, WKN: A2JDGJ/ ISIN: GB00BF1GH114), accepts terms of a second subsidiary to Lara Group plc, following the successful acquisition of Acacia Training Limited by Lara Group.

04.05.2018. The Board members of MBH Corporation plc ("MBH"), accept terms to acquire Lara Group Plc with a second subsidiary, Acacia Training Limited, following the successful acquisition of Acacia to Lara Group today. The completion of the acquisition of Lara Group to MBH is not yet effective, and subject to successfully executed legal contracts.

Lara Group plc ("Lara") is an education services company, delivering services across the education services value chain, including vocational training and early years management software. The acquisition of Lara has two primary income streams which are based around software and vocational training and are delivered through Parenta Group Ltd ("Parenta"), and as of today, Acacia Training Limited.

Acacia is an independent training provider based in Stoke-on-Trent, United Kingdom, which has been operating for 17 years delivering vocational qualifications across England as a prime provider with the Education and Skills Funding Agency ("ESFA"), expanding Lara's services across the education services value chain including childcare, business administration, team leading, healthcare, social care and management.

The acquisition of Acacia by Lara Group plc was successfully completed on 4th May 2018.

About MBH Corporation PLC

MBH Corporation PLC is a diversified investment holding company, listed on the Börse Düsseldorf/ Dusseldorf Stock Exchange. The company focus is acquiring small to medium enterprises across multiple geographies and sectors that are well established, profitable, debt free and looking for resources to scale.

Through leveraging the resources of the group, MBH is able to offer shareholders an investment strategy which focuses on industries and companies that are due for consolidation and primed for substantial growth.

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Emitter:	MBH Corporation Number 22, Mount Ephraim TN4 8AS Tunbridge Wells, Kent United Kingdom
Contact Person:	Eva Reuter
Phone:	+49 251 980 1560
E-Mail:	e.reuter@dr-reuter.eu
Website:	www.mbhcorporation.com
ISIN(s):	GB00BF1GH114 (Share)
Stock Exchange(s):	Free Market in Dusseldorf