KME Group says KME SE closes Cunova buyback, taking 100% control from Paragon

• KME Group completed Cunova-related transactions, including buying back Paragon’s 55% indirect stake, lifting KME’s holding to 100%.
• Deal package included Cunova’s acquisition of KME Germany’s aerospace business and foundry assets, transferred on June 30, 2026.
• Cunova refinanced about EUR 170 million of outstanding senior secured debt as part of the closing.
• Management positioned the reshaped Cunova as a fully integrated copper-based specialty products group, incorporating the aerospace business.
• The combined business is weighing near-term strategic options including joint ventures, M&A, and a potential IPO, subject to market conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KME Group S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0240-27-2026_TELEBORSA.pdf), on July 10, 2026, and is solely responsible for the information contained therein.