Munich, 29 July 2021 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its subsidiary Cenpa to Accursia Capital.
The company was acquired in 2016 from the Sonoco Group and has undergone a transformation program which turned the company profitable as of 2018. Cenpa generates today approx. EUR 30 million in revenues with its ca. 90 employees.
Accursia Capital now wants to build on Cenpa’s well-established positioning in the coreboard industry and is considered the best new owner to further and sustainably grow the company.