DGAP-News: Mutares AG / Key word(s): Acquisition/Private Equity mutares AG: mutares acquires GeesinkNorba Group 03.02.2012 / 16:51 --------------------------------------------------------------------- mutares AG, Munich, has acquired the Geesink Group with all its European subsidiaries, a leading European provider of efficient waste management solutions on February 3, 2012. As Europe's largest supplier for innovative solutions of refuse collection, especially refuse collection vehicles, GeesinkNorba generated a turnover exceeding EUR 100 million in 2011 and employs about 490 people, 260 of them in the Netherlands with headquarters in Emmeloord. GeesinkNorba develops, manufactures and sells advanced refuse collection vehicle bodies, bin-lifting equipment and compactors. The company is represented in many European countries and operates several assembly plants. Robin Laik, founder of mutares AG and member of its executive board, comments on the future development of the company: 'Based on its well established market presence and its broad offering of innovative solutions for waste collection and processing, GeesinkNorba is excellently positioned to quickly exploit new areas of growth. mutares is excited about the successful closing of the contract with Platinum Equity.' 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 its own teams, mutares actively supports its portfolio companies to generate significant value increase. The focus of the operational work is to ensure sustainable, long-term growth. The shares of mutares AG are listed at the Open Market segment of the Berlin 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@mutares.de End of Corporate News --------------------------------------------------------------------- 03.02.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 155250 03.02.2012
DGAP-News: mutares AG: mutares acquires GeesinkNorba Group
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