# Mutares completes acquisition of Keeeper GmbH for €1

Mutares AG completed the acquisition of Keeeper GmbH from WREDE Industrieholding GmbH & Co. KG for €1 on June 24, 2019. Keeeper reported turnover of around €65 million in fiscal year 2018.

- Type: Acquisition
- Announced: 2019-06-24
- Where: Germany
- Status: completed
- Products: plastic products
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Mutares](https://endata.com/companies/6466.md) (acquirer)
- [Keeeper GmbH](https://endata.com/companies/40190.md) (target)
- [WREDE Industrieholding GmbH & Co. KG](https://endata.com/companies/40191.md) (partner)
- [Kirchhoff GmbH & Co. KG](https://endata.com/companies/40670.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/MUTARES-SE-CO-KGAA-45615650/news/Mutares-AG-DB-MUX-completed-the-acquisition-of-Keeeper-Gmbh-from-WREDE-Industrieholding-GmbH-CO-34255032/), 2019-06-23: "mutares AG (DB:MUX) completed the acquisition of Keeeper Gmbh from WREDE Industrieholding GmbH & CO. KG for €1 on June 24, 2019."
- [mutares.com](https://mutares.com/en/sixth-transaction-of-the-current-year-mutares-acquires-system-supplier-for-high-quality-automotive-technology/), 2019-07-16: "With the takeover of KICO, we have gained a family business rich in tradition for our Automotive & Mobility segment."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.