M&A Activity • Dec 31, 2013
M&A Activity
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Corporate | 31 December 2013 23:59
Mutares AG: mutares AG acquires PIXmania S.A.S
Mutares AG / Key word(s): Acquisition
31.12.2013 / 23:59
Munich, 31 st of December 2013
On December 31st 2013, mutares AG completed the acquisition of PIXmania S.A.S and of all its subsidiaries from Dixon Retail plc. Following the signing of the Sale & Purchase Agreement on September 26th, all closing conditions have been fulfilled. PIXmania generated a turnover of EUR 446m during the fiscal year 2013 and employs close to 900 people across its sites in France and in the Czech Republic.
mutares AG, Munich ( www.mutares.de ), acquires companies in whole and in part, which are sold as a result of a repositioning process at their owners and which exhibit a clear operational improvement potential. Getting engaged with its own teams, mutares actively supports its portfolio companies to generate a significant value increase. The focus of the operational work is to ensure sustainable, long-term growth.
The stocks of mutares AG are listed at the Open Market segment of the Berlin stock exchange (symbol: MUX, ISIN: DE000A0SMSH2).
For further information, we gladly receive your request at:
mutares AG
Susanne Staudt
Investor Relations & Corporate Communications
Tel: +49 89 9292776-0
Fax: +49 89 9292776-22
End of Corporate News
31.12.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG.
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246581 31.12.2013
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