DGAP-News: Mutares AG: mutares AG acquires Rubbens EGC
(firmenpresse) - DGAP-News: Mutares AG / Key word(s): Acquisition/Private Equity
Mutares AG: mutares AG acquires Rubbens EGC
11.08.2011 / 15:58
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Munich, August 10, 2011
mutares AG, Munich, acquires the Belgian kitchen manufacturer Rubbens EGC
from the leading foodservice equipment manufacturer Ali Group, Italy.
Rubbens EGC offers professional customized kitchen equipment for
restaurants, canteens and caterers. The company employs a staff of 73 at
its two sites in Kruibeke and Stavelot.
Given its 90-years experience as an established supplier Rubbens provides
international customers of the hotel and restaurant industry with
professional kitchen equipment. The company supplies comprehensive
solutions to its customers covering the entire value chain from design to
after sales service. Dr. Axel Geuer, founder of the mutares AG and member
of its executive board, says: 'Based on the strong expertise of the Rubbens
EGC team and its profound capability to design innovative customized
kitchen interior the company is well positioned to further develop its full
potential. mutares welcomes the closing of this transaction with the Ali
Group.'
mutares AG, Munich (www.mutares.de), acquires midsized companies, which are
sold as a result of a repositioning process at their owners and which
exhibit a clear operational improvement potential. Getting engaged with its
own teams, mutares actively supports its 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) 929 2776-0
Fax: +49 (89) 929 2776-22
info(at)mutares.de
End of Corporate News
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Datum: 11.08.2011 - 15:58 Uhr
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