Mutares SE & Co. KGaA

M&A Activity • Jul 3, 2017

News Details

Corporate | 3 July 2017 18:10

mutares completes the acquisition of the truck supplier business of the Plastic Omnium Group

DGAP-News: mutares AG / Key word(s): Takeover/Offer

03.07.2017 / 18:10

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

---

mutares AG (ISIN: DE000A0SMSH2) has completed the acquisition of the truck supplier business of the Plastic Omnium Group. Through the integration with the STS Group, mutares creates a leading global truck supplier with a total turnover of EUR 400m and 2,700 employees in 16 plants.

mutares AG has completed the acquisition of the truck supplier business of the Plastic Omnium Group. The business division generates a turnover of approx. EUR 200m with

1,500 employees in nine production facilities in France, Germany, China, and Mexico. The product portfolio encompasses exterior components and modules for truck cabins and perfectly complements with the one of STS. All major European truck manufacturers belong to the customer base.

Through the recent acquisitions, STS becomes a global supplier of interior, exterior, and NVH parts for light to heavy commercial vehicles as well as for passenger cars. The company will generate revenues of EUR 400m with 2,700 employees in 16 production facilities spanning across four continents. The numerous cross-selling opportunities in the product portfolio provide high potential for organic growth. Moreover, mutares works on further add-on acquisitions in the truck supplier industry in order to take a leading role in the consolidation of the market. mutares follows a focused Buy & Build approach, thus driving the sustainable development of the group’s portfolio as well as the achievement of mutares’ ambitious growth targets.

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 listed on the Frankfurt Stock Exchange under the ticker symbol “MUX” (ISIN: DE000A0SMSH2).

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

---

03.07.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

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

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, Stuttgart, Tradegate Exchange; Open Market (Scale) in Frankfurt

End of News	DGAP News Service