17.06.2024 07:30:31 - dpa-AFX: EQS-News: Mutares has successfully completed the acquisition of Cikautxo Rubber & Plastic Components (Kunshan) Co., Ltd. from CIKAUTXO S.COOP. (english)

Mutares has successfully completed the acquisition of Cikautxo Rubber &
Plastic Components (Kunshan) Co., Ltd. from CIKAUTXO S.COOP.

EQS-News: Mutares SE & Co. KGaA / Key word(s): Investment/Takeover
Mutares has successfully completed the acquisition of Cikautxo Rubber &
Plastic Components (Kunshan) Co., Ltd. from CIKAUTXO S.COOP.

17.06.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Mutares has successfully completed the acquisition of Cikautxo Rubber &
Plastic Components (Kunshan) Co., Ltd. from CIKAUTXO S.COOP.

  * Specialist in the development and production of rubber and plastic
    components for automotive and household appliance industries


* New add-on investment to strengthen the SFC Group, part of Amaneos

* First deal from Shanghai office right after the office opening

Munich, June 17, 2024 - Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has
successfully completed the acquisition of CIKAUTXO Rubber & Plastic
Components (Kunshan) Co., Ltd. ("Cikautxo China") from CIKAUTXO S.COOP. The
company will join the SFC Group, part of Amaneos, as a new add-on
investment, strengthening the group's presence in the market as global
partner for plastic-based systems for the automotive industry and the
Automotive & Mobility segment of Mutares.

Established in 2011, Cikautxo China is a specialist in developing and
producing rubber and plastic components for the automotive and household
appliance industry, such as fluid-conducting, vibration-damping and sealing
components, door seals, and inlet and outlet bellows for washing machines.
The company supplies its broad product range to a wide range of blue-chip
automotive customers such as Daimler, Ford, Geely and Volvo and household
appliance customers such as BSH and Haier. Headquartered in Kunshan, Jiangsu
province, China, the company generated revenues of approx. EUR 13 million in
2023 with significant growth potentials.

With Cikautxo China, SFC Group gets a footprint that can serve immediately
for the production of business already awarded in the past. The aim is to
further expand the manufacturing footprint of SFC Group in Asia and provide
better support to our existing customers and exploit new market
opportunities as well. SFC Group offers fluid transfer systems, lightweight
fluid products, and sealing solutions for the automotive industry. Amaneos
is a global partner for automotive manufacturers based in Frankfurt am Main,
Germany, with more than 30 sites worldwide and a network of manufacturing
and development facilities.

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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17.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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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:    1925979




End of News EQS News Service
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1925979 17.06.2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
MUTARES KGAA NA O.N. A2NB65 Xetra 32,300 26.06.24 10:57:01 +0,050 +0,16% 32,250 32,450 32,450 32,250

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