Mutares SE & Co. KGaA (XTRA:MUX) has signed an agreement to acquire GlÄSerne Molkerei Gmbh from Emmi AG (SWX:EMMN) on July 6, 2023. GlÄSerne Molkerei Gmbh reported revenue of ?100 million in 2022. Completion of the sale is subject to approval by the responsible competition authorities. The closing of the transaction is expected in August 2023. Dirk Damegger, Dr. Michael Drill, Shahriar Shamsaei of Lincoln International acted as financial advisor to Emmi AG. Dr Michael Wangemann, Dr Christoph Küster, Dr Annemarie Mauthner of Transcom CMS Forderungsmanagement GmbH acted as a legal advisor to Mutares SE & Co. KGaA.

Mutares SE & Co. KGaA (XTRA:MUX) acquired GlÄSerne Molkerei Gmbh from Emmi AG (SWX:EMMN) on August 14, 2023.