# Adler Pelzer completes acquisition of 73.25% stake in STS Group

Adler Pelzer Holding GmbH completed the acquisition of a 73.25% stake in STS Group AG from Mutares SE & Co. KGaA for €33.3 million. The transaction includes plastics and materials operations in Europe, China and the United States.

- Type: Acquisition
- Announced: 2021-06-29
- Where: Germany
- Value: $39.5M (33.3M EUR)
- Status: completed
- Products: plastics, materials
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Adler Pelzer Group](https://endata.com/companies/25316.md) (acquirer)
- [STS Group](https://endata.com/companies/31605.md) (target)
- [Mutares SE & Co. KGaA](https://endata.com/companies/33465.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/MUTARES-SE-CO-KGAA-45615650/news/Adler-Pelzer-Holding-GmbH-completed-the-acquisition-of-73-25-stake-in-STS-Group-AG-from-Mutares-SE-35767795/), 2021-06-29: "Adler Pelzer Holding GmbH completed the acquisition of 73.25% stake in STS Group AG from Mutares SE & Co. KGaA."

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