Distribution

Panini can distribute its products in more than 500,000 point of sales all over Europe within 72 hours and was therefore established to actively pursue opportunities to distribute products of third party providers through the Company's existing distribution network, further leveraging its infrastructure. The Group can distribute a wide variety of third party products such as small toys and books to newsstands and supermarkets through the same third party network used to distribute products from the Collectables Divisions.