Tenth acquisition in 2024: Mutares has completed the acquisition of KmB
Technologie GmbH from EMAG Industrial GmbH and Scherer Holding GmbH

EQS-News: Mutares SE & Co. KGaA / Key word(s): Investment/Takeover
Tenth acquisition in 2024: Mutares has completed the acquisition of KmB
Technologie GmbH from EMAG Industrial GmbH and Scherer Holding GmbH

09.07.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Tenth acquisition in 2024: Mutares has completed the acquisition of KmB
Technologie GmbH from EMAG Industrial GmbH and Scherer Holding GmbH

  * Add-on acquisition for FerrAl United Group to strengthen the Automotive
    & Mobility segment

* Revenues of around EUR 50 million in 2023

  * Manufacturer of high-quality components for the automotive and
    mechanical engineering sector

* First deal of the Vienna office in 2024

Munich, July 9, 2024 - Mutares SE & Co KGaA (ISIN: DE000A2NB650) has
completed the acquisition of KmB Technologie GmbH from EMAG Industrial GmbH
and Scherer Holding GmbH. The transaction will further strengthen the FerrAl
United Group, a multinational supplier of metal-based components and systems
with around 30 locations and 5,000 employees worldwide.

KmB Technologie, based in Zerbst, Germany, is a manufacturer of high-quality
components, including high-precision turned and milled parts that are used
in steering systems, transmissions and chassis of various automotive
manufacturers. With around 250 employees, the company generated revenues of
around EUR 50 million in 2023. KmB Technologie develops and produces in
small and large series along the entire value chain, focusing on cutting as
well as non-cutting machining technologies that enable the production of
high-end solutions for a strong customer base, including renowned OEMs and
Tier 1 suppliers.

With its wide range of manufacturing processes and modular production
systems for the automotive industry and aluminium processing, KmB
Technologie is an ideal addition to the companies in the FerrAl United
Group. Synergies are expected in the areas of suppliers, customers and
production processes.

Robin Laik, CEO of Mutares, comments: "With KmB Technologie, an established
automotive supplier in Germany, we are strengthening the FerrAl United Group
as a multinational supplier to the automotive industry. I am convinced that
by leveraging production and distribution synergies within the group, we can
further consolidate the market and realize the growth potential of the
individual companies."

Company profile of Mutares SE & Co. KGaA

Mutares SE & Co. KGaA, Munich (www.mutares.com), a listed private equity
holding company with offices in Munich (HQ), Amsterdam, Bad Wiessee,
Frankfurt, Helsinki, London, Madrid, Milan, Mumbai, Paris, Shanghai,
Stockholm, Vienna and Warsaw, acquires companies in special situations which
show significant operational improvement potential and are sold again after
undergoing a repositioning and stabilization process. For the fiscal year
2024, consolidated revenues of EUR 5.7 billion to EUR 6.3 billion are
expected. Based on this, consolidated revenues are to be expanded to approx.
EUR 7 billion by 2025 and EUR 10 billion by 2028. As the portfolio grows, so
do consulting revenues, which together with portfolio dividends and exit
proceeds accrue to the Mutares Holding. On this basis, the Holding Company
is expected to generate a net income of EUR 108 million to EUR 132 million
for the fiscal year 2024, EUR 125 million to EUR 150 million for the fiscal
year 2025 and EUR 200 million for the fiscal year 2028. The Management Board
and Supervisory Board together hold more than one-third of all Mutares
shares with voting rights. The shares of Mutares SE & Co. KGaA are traded on
the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX"
(ISIN: DE000A2NB650) and have been part of the selection index SDAX since
December 2023.

For more information, please contact:

Mutares SE & Co. KGaA
Investor Relations
Phone: +49 89 9292 7760
E-mail: ir@mutares.de
www.mutares.com

Press Contact in Germany
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: sh@crossalliance.de
www.crossalliance.de

Press Contact in France
CLAI
Matthieu Meunier
Phone: +33 06 26 59 49 05
E-mail: matthieu.meunier@clai2.com

Press Contact in UK
14:46 Consulting
Tom Sutton
Phone: +44 7796 474940
E-mail: tsutton@1446.co.uk


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09.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        Mutares SE & Co. KGaA
                   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:           DE000A2NB650
   WKN:            A2NB65
   Indices:        SDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1940703

End of News EQS News Service
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1940703 09.07.2024 CET/CEST