January 2018

Mutares Italy signs first transaction with add-on acquisition for Balcke-Dürr Group

Press ReleasesJanuary 31, 2018

Mutares (ISIN: DE000A0SMSH2) subsidiary Balcke-Dürr Group signs an agreement to purchase Heat Transfer Product (HTP) Division of STF (“STF”) The strategic add-on acquisition broadens the product range and enhances the engineering know-how It will lead to an increased market share in the conventional and nuclear power sector The transaction is subject to approval of the […]

Mutares adopts International Financial Reporting Standards (IFRS)

Press ReleasesJanuary 17, 2018

Mutares (ISIN: DE000A0SMSH2) wants to provide its shareholders with even greater transparency and adapts its reporting framework to the Group’s increasing internationalization. For this reason, the Group has decided to convert its financial reporting to IFRS (International Financial Reporting Standards) as of the financial year 2017. The consolidated financial statements for the fiscal year 2017 […]