Informazione
Regolamentata n.
0240-27-2026Data/Ora Inizio Diffusione 10 Luglio 2026 17:45:12Euronext Milan
Societa' :KME GROUP Utenza - referente :KMEN01 - Mazza Giuseppe
Tipologia :3.1
Data/Ora Ricezione :10 Luglio 2026 17:45:12 Data/Ora Inizio Diffusione :10 Luglio 2026 17:45:12 Oggetto :KME SE: The agreements with Paragon and Apollo have been executed Testo del comunicato
Vedi allegato
KME Group SpA Registered Office: 20121 Milan (MI) Foro Buonaparte, 44 Share Capital: Euro 200,154,177.66 fully paid -in Milan Company Register – Tax I.D. Nr. 00931330583
www itkgroup.it
PRESS RELEASE
KME SE: THE AGREEMENTS WITH PARAGON AND APOLLO HAVE BEEN EXECUTED
Milan, July 10, 2026 – KME Group announces that today , following the receipt of clearance by the relevant authorities , the transactions contemplated by the agreements signed by its controlled company KME SE (“KME ”) and its affiliates in March and April with certain Apollo -managed funds and The Paragon Fund III GmbH & Co. geschlossene Investment KG (hereinafter “Paragon ”), respectively, in relation to Cunova GmbH (hereinafter , together with its affiliated companies, “Cunova ”) have completed .
The c losing of the aforementioned transaction s (the “ Transactions ”) involved the repurchase from Paragon of its 55% indirect participation in Cunova, in which KME already held a 45% shareholding , as well the transfer to Cunova – finalised on June 30, 2026 – of the aerospace business and the foundry assets by KME’s subsidiar y KME Germany GmbH and the refinancing of Cunova ’s outstanding senior secured debt of approximately EUR 170 million .
The s trategic rational e of the Transaction s is to create a leading , fully integrated industrial player in “mission critical” copper -based specialty products, integrating also KME ’s recently developed aerospace business .
The new combined entity , with a more robust capital structure and an integrated industrial set -up as a strategically independent business , is currently contemplating potential near term strategic alternatives to support its growth including international joint ventures, merger and acquisitions , as well a potential Initial Public Offering . The actual feasibility of the various options and their timelines will depend on various factors and general market conditions .
For further details of the transaction please refer to the press releases dated March 25, 2026 and April 2, 2026.
* * * The press release is available on the Company’s website, www.itkgroup.it . Additional information may be directly requested from the Company (telephone number +39.02.806291; e.mail: info@itk.it ) and through the “eMarket STORAGE” system at the address: www.emarketstorage.it .
Fine Comunicato n.0240-27-2026 Numero di Pagine: 3