12.07.2024 13:00:36 - dpa-AFX: EQS-News: Mutares has successfully sold Repartim group to an institutional investor (english)

Mutares has successfully sold Repartim group to an institutional investor

EQS-News: Mutares SE & Co. KGaA / Key word(s): Disposal
Mutares has successfully sold Repartim group to an institutional investor

12.07.2024 / 13:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Mutares has successfully sold Repartim group to an institutional investor

Munich, July 12, 2024 - Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has
successfully sold its portfolio company Repartim to an institutional
investor.

Repartim, headquartered in Tours, France, is a renowned French home repair
specialist. The company's services include technical assistance in
emergencies that require quick on-site intervention. Its customers include
corporate and private clients, served through a network of 19 agencies.
Repartim group generated revenues of approx. EUR 33 million in 2023 and
currently employs approx. 350 employees throughout France.

Following the acquisition of the seller Belron in 2021 and a comprehensive
operational improvement program, the service quality has been successfully
improved. The acquisition of competitor Sin&Tec gave Repartim access to
additional customers.

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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12.07.2024 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:    1945331




End of News EQS News Service
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1945331 12.07.2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
MUTARES KGAA NA O.N. A2NB65 Frankfurt 30,000 02.08.24 17:38:41 -1,600 -5,06% 0,000 0,000 31,400 30,000

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