Corporate | 17 June 2011 22:39
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Mutares AG / Key word(s): Mergers & Acquisitions/Strategic Company Decision
Munich, June 16th, 2011 mutares AG, Munich, acquires the Decorative business of the HUBER Packaging Group GmbH, Oehringen/Germany. HUBER Decorative Packaging GmbH & Co. KG designs and manufactures high-end, tin-based packaging solutions for renowned consumer brands and retailers from various industries. Located in Landshut near Munich the company occupies 135 employees.
The business for decorative packaging made of metal does not belong to Huber Group's core strategy anymore. Due to the economic recovery in its most important markets Huber Decorative currently experiences a strong sales increase. The core competence of the company lies in the design of sophisticated packaging using special printing and embossing techniques.
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, please contact: mutares AG
Susanne Staudt
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