Information
Regulated n.
0240-26-2026Date/Time Start Dissemination July 10, 2026 17:45:05Euronext Milan
Company:KME GROUP
User - contact:KMEN01 - Mazza Giuseppe
Type:3.1
Date/Time Reception:July 10, 2026 17:45:05 Date/Time Start Dissemination:July 10, 2026 17:45:05 Subject:KME SE: Contracts signed with Paragon and Apollo finalized Press release text
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KME Group SpA Registered Office: 20121 Milan (MI) Foro Buonaparte, 44 Share capital Euro 200,154,177.66 fully paid-up Milan Company Register - Tax Code 00931330583
www.itkgroup.it
PRESS RELEASE
KME SE: CONTRACTS SIGNED WITH PARAGON AND APOLLO FINALIZED
Milan, July 10, 2026 – KME Group SpA announces that, today, its subsidiary KME SE (“KME”), following receipt of the necessary authorizations from the competent authorities, has executed the contracts signed in March and April by itself and its subsidiaries with certain funds managed by Apollo and with The Paragon Fund III GmbH & Co. geschlossene Investment KG (hereinafter “Paragon”), concerning Cunova GmbH (hereinafter, together with its affiliates, “Cunova”).
The finalization of the aforementioned transactions (the “Transactions”) involved the repurchase of the stake held by Paragon in Cunova, in which KME already held a 45% stake, as well as the transfer to Cunova – which took place on June 30, 2026 – of the aerospace business and foundry activities of the subsidiary KME Germany GmbH, and the refinancing of Cunova’s senior secured debt of approximately Euro 170 million.
The Transactions are aimed at creating a leading and fully integrated industrial operator in the sector of "mission critical" special copper products, also including the aerospace business recently developed by KME.
The new combined entity, with a stronger financial and asset structure and an integrated industrial setup, which will guarantee it strategic independence, is evaluating various short-term strategic alternatives to support its development, including extraordinary finance operations such as international joint venture agreements, mergers and acquisitions, as well as a potential listing. The actual feasibility of the various options and their timing will be dependent on various factors and general market conditions.
For further details on the transaction, please refer to the press releases of March 25, 2026 and April 2, 2026.
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The press release is available on the website www.itkgroup.it, through which it is possible to request information directly from the Company (phone no. 02-806291; e-mail info@itk.it) as well as on the authorized storage system "eMarket Storage" at www.emarketstorage.it.
End of Release n.0240-26-2026 Number of Pages: 3