Mutares has successfully completed the acquisition of Drum Brake Location in Italy from AUMOVIO

• Transaction involves its manufacturing and R&D location in Cairo Montenotte (Italy), including all employees and business activities
• Strengthening Mutares’ Automotive & Mobility segment
• Revenues of about EUR 100 million expected for 2025

Munich and Frankfurt, Germany, October 2, 2025 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650“Mutares”) and AUMOVIO , formerly the Automotive group sector of Continental, have successfully completed the acquisition of AUMOVIO’s drum brake production and R&D location in Cairo Montenotte (Italy). As part of the share deal, Mutares has taken over all employees and business activities. The transaction strengthens Mutares’ Automotive & Mobility segment as a new platform investment under the new name Zendra Systems.

The location in Cairo Montenotte (Savona), Italy, is a production and R&D site for hydraulic drum brakes. It manufactures products such as the Parking Brake for Simplex Brakes and the Drum Brake. The company employs around 400 people and is expected to generate about EUR 100 million of revenues in 2025.