Mutares SE & Co. KGaA

M&A Activity • Mar 8, 2018

News Details

Corporate | 8 March 2018 10:23

Mutares AG considers exit options for German commercial vehicle supplier STS Group

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

08.03.2018 / 10:23

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

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Mutares AG considers exit options for German commercial vehicle supplier STS Group

Munich, 08 March 2018 – Investment company Mutares AG (ISIN: DE000A0SMSH2), listed on the Scale 30 index at Frankfurt Stock Exchange, is considering the sale or IPO of its portfolio company STS Group AG for this year.

About STS Group

Munich-based STS Group is a global market leader and supplier to the commercial vehicle industry. The company specializes in the manufacture of innovative SMC, thermal insulation and acoustic components. SMC technology is used in electromobility especially in the field of light vehicle construction and can efficiently replace metal components. STS has a strong footprint in China, Europe, Mexico and Brazil. The customer portfolio includes major European and Chinese truck OEMs as well as highly specialized car manufacturers.

Further growth of the STS Group

With a possible (partial) exit of the STS Group, Mutares can confirm the success of the buy-and-build strategy for successfully realigned portfolio companies. The objective for the STS Group is to further expand its strong position as a leading and globally positioned supplier to all major commercial vehicle OEMs and to promote innovations in the field of e-mobility and autonomous driving,” says Robin Laik, CEO of MUTARES AG.

Company profile of Mutares AG

Mutares AG, Munich ( www.mutares.de ), acquires medium-sized companies and parts of groups that are sold during a repositioning and have a clear potential for operational improvement. Mutares actively supports develops its portfolio companies with its own investment and operational professionals as well as through acquisitions of strategic add ons. The aim is to achieve a significant increase in value focusing on sustainable growth of the portfolio company. Mutares AG shares are traded on the Frankfurt Stock Exchange under the 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

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08.03.2018 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.

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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 News	DGAP News Service