Corporate | 9 April 2009 18:06
Mutares AG / Acquisition Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Munich, April 9, 2009: mutares AG, Munich, today acquired Guss Komponenten GmbH (GKG), Austria, a specialised supplier of high-quality and security-relevant, 'Buderus'-branded casting components from Perusa. Guss Komponenten GmbH (GKG), based in the Austrian city of Hall in Tyrol, is a leading supplier of spheroidal graphite iron castings for the railway and truck industry as well as for the construction sector. With 209 employees, GKG achieved sales of EUR 45 Mio. in 2008. mutares bought GKG from Perusa Partners Fund 1, LP, which intends to put stronger focus on its core business by this divestiture. Dr. Axel Geuer and Mr. Robin Laik of mutares' executive board were 'excited about adding a company with a clear growth potential and a diversified customer base to the mutares-portfolio. Together with the team in Hall we can tap the company's full potential and develop GKG towards a sustainably successful supplier of casting components despite the currently challenging environment.' mutares AG, Munich (www.mutares.de), acquires midsized 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 stocks of mutares AG are being listed at the Open Market segment of the Frankfurt 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 (0)89 9292776-0 Fax: +49 (0)89 9292776-22 info@mutares.de 09.04.2009 Financial News transmitted by DGAP ----------------------------------------------------------------------