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Mutares SE & Co. KGaA

M&A Activity Apr 25, 2013

6316_rns_2013-04-25_e00e9c7e-237f-4ae3-bbdb-74dbe332ff67.html

M&A Activity

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News Details

Corporate | 25 April 2013 09:06

mutares AG: divestment of HIB Trim Part Solutions

Mutares AG / Key word(s): Disposal

25.04.2013 / 09:06


P R E S S   R E L E A S E

Munich, 25 th of April 2013

mutares AG, Munich, has signed an agreement with NBHX Trim Gmbh, Heilsbronn, about the sale of HIB-Trim Part Solutions group on April 24, 2013. HIB-Trim Part Solutions is a leading supplier of interior components for passenger cars located in Bruchsal and Altdorf, Germany, as well as in Codlea, Romania.

The company is an important technology partner for the development and manufacturing of interior components for luxury vehicles. HIB’s customer base consists of leading OEMs from the premium segment of the automotive industry.

mutares AG acquired HIB Trim Part Solutions in February 2010 from the Dräxlmaier group and successfully repositioned the company. During the past years HIB received several new orders from major OEMs; with approximately 1’350 employees the group reached sales of EUR 80 million in 2012.

The sale to NBHX will open up new business opportunities for HIB-Trim Part Solutions. NBHX views the acquisition of HIB-Trim Part Solutions as an attractive complementary add-on to its existing business. The transaction will be retroactively effective as of January 1, 2013 and is still subject to the approval of antitrust authorities.

mutares AG, Munich ( www.mutares.de ), acquires midsized 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

[email protected]

End of Corporate News


25.04.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.

The issuer is solely responsible for the content of this announcement.

DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de


208481  25.04.2013

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