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Mutares SE & Co. KGaA

M&A Activity Nov 29, 2023

6316_rns_2023-11-29_30f49c70-26f9-4457-b54f-7f4afacb2493.html

M&A Activity

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Fourteenth acquisition in 2023: Mutares has signed an agreement to acquire 83.08% equity of the TeamTex group from Nania Developpement and Crédit Mutuel Equity

Fourteenth acquisition in 2023: Mutares has signed an agreement to acquire 83.08% equity of the TeamTex group from Nania Developpement and Crédit Mutuel Equity

Fourteenth acquisition in 2023: Mutares has signed an agreement to acquire 83.08% equity of the TeamTex group from Nania Developpement and Crédit Mutuel Equity

• Manufacturer of child restraint systems, through plastic injection moulding and blow moulding

• Strengthening the Retail & Food segment as new platform

• Revenues of approx. EUR 80 million in 2022

Please see attached PDF to view the full announcement.

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