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DQE signs Jungle Book licensing agreement

24th Jan 2011 07:31

RNS Number : 9442Z
DQ Entertainment PLC
24 January 2011
 



For immediate release

24 January 2011

 

 

DQ Entertainment International ("DQE")

 

 

DQE signs Jungle Book licensing agreement

for Germany, Austria and Switzerland

 

 

DQE, the animation, gaming, live action entertainment production and distribution company, announces the signing of a licensing agreement for 'The Jungle Book' with C.RiethmullerGmbH (Riethmuller), Germany for the distribution of branded party products in Germany, Austria and Switzerland.

 

Under the terms of the agreement, Riethmuller will manufacture and distribute party goods like paper plates, paper cups, napkins, table covers, party chains, party hats, balloons, drinking straws, candles, party bags and banners, decorating garlands and lanterns etc based on The Jungle Book characters. Riethmuller will manufacture these in Germany, Austria and Switzerland for a period of 2 years. The deal was concluded through DQE's merchandising agents in Germany, ZDF.

 

Riethmuller has a tradition of more than 150 years and are one of Europe's leading brands in the party and carnival decorations sector. Their product range include iconic properties like Spiderman, Barbie, 3 Musketeers, Ben 10, Roary, Barbie Glam, Spider-Man & Friends, Spider Sense, Playmobile Pirates, Teddy & Friends, Pirates, Dino and Safari.

Tapaas Chakravarti Chairman & CEO of DQE Group commented, "Riethmuller are the leaders in Europe and Asia and have a strong penetration in Germany, Austria and Switzerland for party products. We are sure that Riethmuller are the right partners for merchandising an iconic property like The Jungle Book.

This is the beginning of a new and strategic relationship and we look forward to continue our association with Riethmuller as well as our strategic partners ZDF Enterprises."

 

Oliver Grundel, Project Manager Merchandising, ZDF Enterprisessaid"Riethmueller has a company history of more than 150 years and is one of Europe's leading and most successful companies in the field of event-, party-, carnival- and decorative supplies. We are pleased to have won another high calibre partner in the licensing of The Jungle Book and are convinced that this topic will be successfully translated into these product categories as well."

 

Edgar Riethmueller, CEO Riethmueller said

 

"We believe in the enormous potential of The Jungle Book as one of the most popular topics and as one of the true international classics in L&M. Thus, we are very happy to have reached this agreement and look forward to working jointly with ZDF Enterprises and DQ Entertainment."

 

For further information:

 

DQ Entertainment International

Sumedha Saraogi

[email protected]

 

P R Vishnu

[email protected]

 

Tel: +91 40 2355 3726/27

 

Seymour Pierce Ltd

(Nominated Adviser and Broker)

Nandita Sahgal / David Foreman (Corporate Finance)

Leti McManus (Corporate Broking)

 

Tel: +44 (0)207 107 8000

Buchanan Communications

(Financial Public Relations Advisers)

Mark Edwards / Jeremy Garcia

Tel: +44 (0)20 7466 5000

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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