Monday, July 2nd, 2007
JUICYFRUITHIPPO CEO and Chairman Stan Blokeman interrupted his birthday celebrations today to deny rumours that he was in talks regarding a sale of Juicyfruithippo to Private Equity partners Pinkberg Walrus.
He stepped from the Shrek based bouncy castle in his garden to make the statement at a hurried press conference. “It is true that our meteoric rise in the humour consultancy and risk reintroduction worlds has caught the eye of some major investors. It is not part of our plans to take the business in this direction at this moment in time” Said blokeman huffing and puffing and whilst fumbling with the velcro straps of his Bob the Builder trainers. He refused to deny however that an approach had been made over the weekend as was reported in some national newspapers.
He answered a number of questions while his mum prepared party bags. He denied that the board of Juicyfruithippo had initiated any discussions and confirmed that the trading outlook was exceptionally good. “Considering our youth and the immature nature of the humour market space our sales funnel is looking very strong. Our risk reintroduction managed services are generating good numbers and pulling in good results from existing contracts. Our White label Humour Services through our Wholly Inappropriate Division are helping deliver for our partners and this will result in a share in the successes of those. We are proving particularly strong in the Toilet Humour sector where our partnership with Just Commodes has proved very rewarding.” It is believed that the strategic partnership will begin to deliver in what Blokeman called “huge dollops”
He further added “Given our current position and our unique value proposition I would say; that were we up for sale, we would be a very viable proposition” He took no further questions as his Jelly and Ice Cream was getting warm and the lights had been turned off in readiness for the cake.
Despite the denials, rumours still abound that a bid may be launched as well as clear indications from at least one other Private Equity house that they may raise a counter bid.
For further information contact Juciyfruithippo Investor Relations or send a sealed bid with post dated cheques to Juicyfruithippo Riskodrome HQ, Sevenoaks, Kent.