Mutares SE & Co. KGaA
Mutares sells long-term subsidiary KLANN Packaging to Accursia
DGAP-News: Mutares SE & Co. KGaA
/ Key word(s): Disposal
Mutares sells long-term subsidiary KLANN Packaging to Accursia
KLANN Packaging is a leading manufacturer of high-quality promotional and sales packaging made of printed tinplate and is headquartered in Landshut, Germany. In 2011, the entity was carved-out and acquired from HUBER Packaging. Following to a successful restructuring, the company has established itself as the quality leader in the market for high-quality tinplate packaging solutions. Accursia is considered the suitable partner to continue the proposed strategy of geographic and product expansion. Martin Scheiblegger, CEO of Accursia Capital, says: “We see KLANN Packaging as a well-structured company, which is optimally positioned for further growth. Through a targeted long-term buy and build strategy, Accursia’s new packaging division will be significantly developed over the next few years. KLANN Packaging is already the fourth investment of Accursia within the last six months. This transaction is another important step in our sustainable growth strategy.” Company profile of Mutares SE & Co. KGaA For further information please contact: Mutares SE & Co. KGaA Contact for press requests
15.05.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Mutares SE & Co. KGaA |
Arnulfstr.19 | |
80335 Munich | |
Germany | |
Phone: | +49 (0)89-9292 776-0 |
Fax: | +49 (0)89-9292 776-22 |
E-mail: | ir@mutares.de |
Internet: | www.mutares.de |
ISIN: | DE000A2NB650 |
WKN: | A2NB65 |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Stuttgart, Tradegate Exchange |
EQS News ID: | 1046033 |
End of News | DGAP News Service |