DGAP-News: mutares AG: With the acquisition of Gro

DGAP-News: mutares AG / Key word(s): Expansion/Acquisition mutares AG: With the acquisition of Grosbill, mutares forms a French champion in the European e-commerce market 25.06.2015 / 08:51 --------------------------------------------------------------------- mutares AG (ISIN: DE000A0SMSH2) has acquired Grosbill SA from Groupe Auchan. Joint forces with Pixmania will create one of Europe's leading online retailers for consumer electronics. Grosbill SA (www.grosbill.com) is a French omni-channel distributor of consumer electronics with a special focus on IT products. In 2014, it generated sales of EUR 109m with 150 employees via its website and its network of nine stores. After the review of the irrevocable offer submitted by mutares for the acquisition of Grosbill, the workers' representatives of the company voted in favour of the concept presented by mutares. The transaction can be closed after the approval by the antitrust authorities. The joint forces of Grosbill and Pixmania will create a French e-commerce champion being present in 14 European countries. The market positions of both companies are complementary in an ideal way. The outstanding recognition of both brands combined with their operational excellence are their key differentiators and growth drivers. The trust of Groupe Auchan, one of the French blue chips, in the expertise of mutares and its capability to sustainably develop Grosbill is the result of mutares' outstanding track record in France. After the foundation of the office in Paris, there has been a significant increase in the French M&A dealflow. Therefore, mutares expects to conclude at least one additional acquisition in France this year. Company profile of Groupe Auchan Groupe Auchan (www.groupe-auchan.com) operates in 16 countries, employs 330,700 people and generated EUR 63.0 billion in revenue in 2014. Groupe Auchan is organized into five core businesses: hypermarkets, supermarkets, Immochan, Banque Accord, and Auchan E-commerce. Company profile of mutares AG 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 Christoph Himmel Investor Relations & Corporate Communications Tel. +49 89 9292776-0 Fax +49 89 9292776-22 ir@mutares.de www.mutares.de --------------------------------------------------------------------- 25.06.2015 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. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 371865 25.06.2015