DGAP-News: mutares acquires Sonoco Paper France


DGAP-News: mutares AG / Key word(s): Mergers & Acquisitions/Expansion
mutares acquires Sonoco Paper France

25.05.2016 / 11:07
The issuer is solely responsible for the content of this announcement.

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mutares AG (ISIN: DE000A0SMSH2) acquires the French core board manufacturer
Sonoco Paper France from Sonoco Products Company. In 2015, the company
generated a turnover of EUR 32m with 73 employees.

Sonoco Paper France is a manufacturer of core board located in
Schweighouse-sur-Moder, France. Its core board is mainly used in tubes and
cores, e.g. for the hygiene market. The company has a strong market
position in France and Germany. In 2015, it generated a turnover of EUR 32m
with 73 employees.

Philip Szlang, President of mutares France, comments: "Sonoco Paper France
is a new step in the development of the French portfolio. With regards to
our current pipeline, this is the first of a series of French acquisitions
we expect in 2016."

Sonoco Paper France is already the third portfolio company in mutares' wood
and paper business. In May 2015, mutares acquired Zanders, a German
manufacturer of premium paper with 480 employees and a turnover of EUR 99m.
In October 2015, mutares acquired Norsilk, a French manufacturer of wood
products for construction purposes with 115 employees and a turnover of EUR
43m.

Company profile of Sonoco

Sonoco is a global provider of consumer packaging, industrial products,
protective solutions, and display and packaging services, generating a
turnover of US$ 5bn. From its headquarters in Hartsville (South Carolina/
USA), and more than 330 operations in 34 countries, Sonoco produces
packaging for a variety of industries and many of the world's most
recognized brands, serving customers in 85 nations.

Company profile of mutares

mutares AG, Munich (www.mutares.de), acquires companies, that are being
sold in the course of a repositioning process at their owners and that show
a clear operational improvement potential. Getting engaged with its own
teams, mutares actively supports its portfolio companies to achieve a clear
value increase. The focus of the operational work is to ensure sustainable,
long-term growth. The shares of mutares AG are traded in the Open Market of
the Frankfurt Stock Exchange (Entry Standard) under the symbol MUX (ISIN:
DE000A0SMSH2).

For further information, please contact:

mutares AG
Soh-Pih Mariette Nikolai
Investor Relations & Corporate Communications
Tel. +49 89 9292776-0
Fax +49 89 9292776-22
ir@mutares.de
www.mutares.de


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25.05.2016 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.

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466493 25.05.2016