Corporate | 4 February 2010 14:10
Mutares AG / Acquisition/Mergers & Acquisitions 04.02.2010 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- mutares AG, Munich, acquires Fertigungstechnik Weißenfels GmbH (FTW) from the Römheld Group, Laubach. FTW designs, manufactures and distributes NC-controlled rotary tables for the machine tool industry. The company occupies 90 employees at its Weißenfeld plant near Leipzig. With this transaction the Römheld group intends to strengthen the focus on its core business. Among FTW's customers are the major machine tool manufacturers; their machines for complex 3D-machining are equipped with components from FTW. Being an engineering partner for its customers FTW provides comprehensive solutions that can be flexibly integrated in the control and machining concept of its customers' equipment. Dr. Axel Geuer, founder and member of the executive board of mutares, says: 'Given its broad experience in the direct drive technology FTW is very well positioned to benefit from the recovering machine tool market. We are excited about the successful conclusion of this transaction with the Römheld group.' mutares AG, Munich (www.mutares.de), acquires midsized companies in whole and in part, which are sold as a result of a repositioning process at their owners and which exhibit a clear operational improvement potential. Getting engaged with their own teams, mutares actively supports their portfolio companies to generate a significant value increase. The focus of the operational work is to ensure sustainable, long-term growth. The stocks of mutares AG are 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 89 9292776-0 Fax: +49 89 9292776-22 info@mutares.de 04.02.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de ---------------------------------------------------------------------------