{"id":27395,"date":"2019-10-18T08:32:11","date_gmt":"2019-10-18T06:32:11","guid":{"rendered":"https:\/\/mutares.de\/mutares-submits-binding-offer-and-plans-acquisition-of-a-logistics-subsidiary-of-oebb\/"},"modified":"2019-10-18T08:32:11","modified_gmt":"2019-10-18T06:32:11","slug":"mutares-submits-binding-offer-and-plans-acquisition-of-a-logistics-subsidiary-of-oebb","status":"publish","type":"post","link":"https:\/\/mutares.com\/en\/mutares-submits-binding-offer-and-plans-acquisition-of-a-logistics-subsidiary-of-oebb\/","title":{"rendered":"Mutares submits binding offer and plans acquisition of a logistics subsidiary of \u00d6BB"},"content":{"rendered":"<p>Publication of inside information pursuant to Article 17 of Regulation (EU) No 596\/2014<\/p>\n<p><strong>Mutares submits binding offer and plans acquisition of a logistics subsidiary of \u00d6BB<\/strong><\/p>\n<p><strong>Munich, 18.\u00a0Oktober 2019<\/strong> \u2013 Mutares SE &amp; Co. KGaA (ISIN: DE000A2NB650) today made a notarized, binding offer through a subsidiary to acquire the business of Q Logistics GmbH, a logistics subsidiary of Oesterreichische Bundesbahnen &#8211; Holding Aktiengesellschaft (\u00d6BB), including the Q Logistics subsidiary in the Czech Republic.<\/p>\n<p>Q Logistics is a provider of cross-border transport logistics and warehousing services with several locations in Austria. The company trades general cargo, chartered goods and serves customers from various industries, including the food, pharmaceutical and fast-moving consumer goods (FMCG) industries. In fiscal year 2018, Q Logistics had consolidated total sales (including a subsidiary in the Czech Republic) of around EUR 250 million and a total workforce of approx. 920 employees.<\/p>\n<p>The transaction still requires corresponding committee resolutions on the part of the seller, which are expected to be passed by the end of the month at the latest, as well as the acceptance of the notarized, binding offer by the seller. Mutares has reason to believe and assumes that the relevant bodies will give the seller their outstanding approval and that the transaction will be successfully completed thereafter<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Publication of inside information pursuant to Article 17 of Regulation (EU) No 596\/2014 Mutares submits binding offer and plans acquisition of a logistics subsidiary of \u00d6BB Munich, 18.\u00a0Oktober 2019 \u2013 Mutares SE &amp; Co. KGaA (ISIN: DE000A2NB650) today made a notarized, binding offer through a subsidiary to acquire the business of Q Logistics GmbH, a [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[345],"tags":[],"class_list":["post-27395","post","type-post","status-publish","format-standard","hentry","category-adhoc-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.3 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Mutares submits binding offer and plans acquisition of a logistics subsidiary of \u00d6BB - Mutares SE &amp; Co. KGaA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mutares.com\/en\/mutares-submits-binding-offer-and-plans-acquisition-of-a-logistics-subsidiary-of-oebb\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mutares submits binding offer and plans acquisition of a logistics subsidiary of \u00d6BB\" \/>\n<meta property=\"og:description\" content=\"Publication of inside information pursuant to Article 17 of Regulation (EU) No 596\/2014 Mutares submits binding offer and plans acquisition of a logistics subsidiary of \u00d6BB Munich, 18.\u00a0Oktober 2019 \u2013 Mutares SE &amp; Co. 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