Mutares SE & Co. KGaA

M&A Activity • Dec 14, 2017

News Details

Ad-hoc | 14 December 2017 00:34

mutares AG: Mutares sells A+F Automation+Fördertechnik

mutares AG / Key word(s): Private Equity/Takeover

mutares AG: Mutares sells A+F Automation+Fördertechnik

14-Dec-2017 / 00:34 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.

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

---

German mutares AG sells its portfolio company A+F Automation + Fördertechnik GmbH for 20.5 mEUR to a fund of Swiss industry partner CGS. Through earn-out payments until 2019, given certain conditions, the purchase price can rise to 25.0 mEUR in total.

A+F is a leading manufacturer of high end and end-of-line packaging machines, based in Kirchlengern (Germany). Mutares acquired A+F in November 2014 from German OYSTAR Group and reorganized it through a turn-around.

For further information, please contact:

mutares AG

Soh-Pih Mariette Nikolai

Investor Relations & Corporate Communications

Tel. +49 89 9292776-0

Fax +49 89 9292776-22

ir@mutares.de

www.mutares.de

---

14-Dec-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de

---

Language:	English
Company:	mutares AG
	Arnulfstr.19
	80335 Munich
	Germany
Phone:	+49 (0)89-9292 776-0
Fax:	+49 (0)89-9292 776-22
E-mail:	ir@mutares.de
Internet:	www.mutares.de
ISIN:	DE000A0SMSH2
WKN:	A0SMSH
Listed:	Regulated Unofficial Market in Berlin, Frankfurt (Scale), Stuttgart, Tradegate Exchange

End of Announcement	DGAP News Service