Mutares : Industrial holding Mutares successfully completes acquisition of Q Logistics, a subsidiary of ÖBB

DGAP-News: Mutares SE & Co. KGaA / Key word(s): Private Equity/Takeover Industrial holding Mutares successfully completes acquisition of Q Logistics, a subsidiary of ÖBB 19.12.2019 / 07:30 The issuer is solely responsible for the content of this announcement. Industrial holding Mutares successfully completes acquisition of Q Logistics, a subsidiary of ÖBB Austria's leading logistics company with sales of approx. EUR 250 million Q Logistics as new platform investment in the Goods & Services segment Thus 8th transaction of Mutares in 2019 successfully completed Munich/Vienna, 19 December 2019 - Mutares SE & Co. KGaA (ISIN: DE000A2NB650) successfully completed the acquisition of the business of Q Logistics GmbH, a logistics subsidiary of Oesterreichische Bundesbahnen - Holding Aktiengesellschaft (ÖBB), on Wednesday. The transaction underlines the excellent positioning and expertise of Mutares as a partner of established groups for takeovers of carve-outs with operational improvement potential. Q Logistics has achieved an excellent position in the general transport logistics and warehousing sector with a nationwide network in Austria and generated sales of EUR 250 million last year. Building on this, Mutares will work together with the local management and team on the implementation and further development of a value enhancement program after the takeover. "We are convinced that in Mutares, an industrial holding company, we have found an experienced, long-term, entrepreneurial partner for Q Logistics. Mutares has the necessary expertise and experience to ensure the successful development of Q Logistics and to implement a sustainable concept with the management", says Mag. Arnold Schiefer, member of the board (CFO ÖBB).   Company profile of Mutares SE & Co. KGaA Mutares SE & Co. KGaA, Munich (www.mutares.com), acquires medium-sized companies and carve-outs from groups based in Europe, which are being sold as part of a repositioning and have significant potential for operational improvement. Mutares actively supports and develops its portfolio companies with its own investment and expert teams and by acquiring strategic add-ons. The aim is to achieve a significant increase in value with a focus on sustainable growth of the portfolio company. In fiscal year 2018, Mutares' investments generated consolidated sales of EUR 865 million and employed more than 4,700 people worldwide. Mutares SE & Co. KGaA shares are traded on the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650). For further information: Mutares SE & Co. KGaA Corinna Lumpp Manager Investor Relations & Strategy Phone [phone] Email: [e-mail] www.mutares.com Contact Press CROSS ALLIANCE communication GmbH Susan Hoffmeister Phone [phone] Email: [e-mail] www.crossalliance.de 19.12.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	Mutares SE & Co. KGaA
	Arnulfstr.19
	80335 Munich
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.mutares.de
ISIN:	DE000A2NB650
WKN:	A2NB65
Indices:	Scale 30
Listed:	Regulated Unofficial Market in Berlin, Frankfurt (Scale), Stuttgart, Tradegate Exchange
EQS News ID:	939819

End of News	DGAP News Service

939819  19.12.2019