MOMO

Fineurop Soditic advised Key Safety Systems Inc. in the sale of the brand “Momo” and all Momo Aftermarket activities to Absolute Ventures S.c.a. for approximately Euro 22 million (Enterprise Value) in a MBO deal. Key Safety Systems, part of The Carlyle Management Group since 2003, is a leading supplier of automotive safety components. Momo, established in Milan in 1964, is recognised as a global leader in the production and distribution of a wide range of high-end OEM and aftermarket parts and accessories. The Company generated 2004 sales of Euro 25 million with export sales representing approximately 85%. Through this acquisition Absolute Ventures, fund advised by AVM Italia and AVM France, will support the Company’s development which include further international expansion in East Europe, Far East and South America.