DGAP-News: Mutares AG: mutares AG acquires Huber Decorative Packaging
(firmenpresse) - DGAP-News: Mutares AG / Key word(s): Mergers&Acquisitions/Strategic
Company Decision
Mutares AG: mutares AG acquires Huber Decorative Packaging
17.06.2011 / 22:39
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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.
Robin Laik, founder and member of the executive board of mutares, says:
'With respect to the high level of innovation and the extensive experience
of the team Huber Decorative is perfectly positioned to further develop its
business into new market segments with a stronger international focus.
mutares will actively support this strategy.'
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
Investor Relations&Corporate Communications
Tel: +49 89 9292776-0
Fax: +49 89 9292776-22
info(at)mutares.de
End of Corporate News
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128668 17.06.2011
Datum: 17.06.2011 - 22:39 Uhr
Sprache: Deutsch
News-ID 34417
Anzahl Zeichen: 0
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Kategorie:
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