Mutares SE & Co. KGaA

M&A Activity • Apr 29, 2015

News Details

Corporate | 29 April 2015 15:03

mutares acquires Metsä Board Zanders

mutares AG / Key word(s): Acquisition/Mergers & Acquisitions

2015-04-29 / 15:03

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The Munich-based restructuring specialist mutares AG (ISIN: DE000A0SMSH2) acquires the German paper mill Gohrsmühle from the Finnish paperboard producer Metsä Board. In 2014, the company generated sales of EUR 93m with around 480 employees.

Gohrsmühle was founded in 1829 by Johann Wilhelm Zanders and became internationally renowned for its select range of high quality and innovative fine papers. Especially the worldwide known premium brand CHROMOLUX stands for these values. Many customers in the consumer and luxury goods industries, like Danone, Heineken, Nestlé, Chanel and the LVMH Group, rely on the high quality of CHROMOLUX paper for their high-end labelling and packaging applications. The company will build its further growth on this very strong market position.

The annual production capacity amounts to 325.000 tons of paper. With around 480 employees, the company generated sales of EUR 93m in 2014. For 2015 a further increase up to more than EUR 100m is planned. The transaction is still subject to approval by the German Federal Cartel Authority which is expected by end of May 2015.

Company profile of Metsä Board

Metsä Board is one of the globally leading producers of fresh forest fibre cartonboards and an important pulp supplier. In 2014, its annual sales totalled EUR 2.0 billion. Metsä Board is part of Metsä Group, one of the largest forest industry groups in the world, and is listed on the NASDAQ OMX Helsinki.

Company profile of mutares AG

mutares AG, Munich (www.mutares.de), acquires companies, that are being sold in the course of a repositioning process at their owners and that show a clear operational improvement potential. Getting engaged with its own teams, mutares actively supports its portfolio companies to achieve a clear value increase. The focus of the operational work is to ensure sustainable, long-term growth. The shares of mutares AG are traded in the Open Market of the Frankfurt Stock Exchange (Entry Standard) under the symbol MUX (ISIN: DE000A0SMSH2).

For further information, please contact:

mutares AG

Christoph Himmel

Investor Relations & Corporate Communications

Tel. +49 89 9292776-0

Fax +49 89 9292776-22

ir@mutares.de

www.mutares.de

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