Third exit in 2024: Mutares has entered into exclusive negotiations for the sale of Repartim group to an institutional investor

Munich, May 31, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has entered into exclusive negotiations for the sale of its portfolio company Repartim to an institutional investor. In accordance with French law, a consultation process is currently taking place between the respective employee representatives of Repartim and the investor. The closing of the […]

Fifth acquisition in 2024: Mutares has signed an agreement to acquire FSL Ladenbau GmbH

  • Add-on acquisition to strengthen the Ganter Group with synergies within the range of customers and supply chain
  • Leading shopfitting provider with strong presence in Northern Germany
  • Revenues of ca. EUR 15 million planned in 2024

Second exit in 2024: Mutares has successfully sold iinovis Group to Accursia Capital

Munich, May 8, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company iinovis Group to Accursia Capital. iinovis, headquartered in Munich, Germany, is a automotive and industrial engineering service provider. The company generated revenues of approx. EUR 33 million in 2023 and employs over 350 employees at four sites […]

Promising start to the year: Mutares increases net income of the Holding in the first quarter of 2024 thanks to successful exit – expansion into the growth market India initiated

  • Revenues from consulting services and management fees of Mutares Holding grew by 8% to EUR 29.3 million in the first quarter of 2024 (previous year: EUR 27.1 million)
  • Net income of Mutares Holding reaches EUR 51.3 million in the first three months of 2024 (previous year: EUR 8.2 million), benefiting in particular from the exit of Frigoscandia
  • Group revenues increase by 21% to EUR 1,346.1 million (previous year: EUR 1,108.0 million), Adjusted EBITDA improves to EUR 14.0 million (previous year: EUR 5.1 million)
  • Successful tap issue of the bond with a volume of EUR 100 million in the first quarter of 2024