Mutares has completed the acquisition of fischer automotive systems GmbH & Co. KG from fischerwerke GmbH & Co. KG

  • Automotive supplier of kinematic components and high-quality system solutions for vehicle interiors and exteriors
  • New platform investment to strengthen the Automotive & Mobility segment
  • Revenues of around EUR 200 million expected in fiscal year 2024
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Mutares increases consolidated revenues by 15% in the first half of the year and once again achieves positive Adjusted EBITDA – forecast for full year 2024 confirmed

  • Group revenues increase by 15% to EUR 2,610 million (H1 2023: EUR 2,273.6 million); Adjusted EBITDA at EUR 7 million (H1 2023: EUR 41.2 million)
  • Revenues of Mutares Holding increased to EUR 58.3 million in the first half of 2024 (H1 2023: EUR 52.1 million), net income of EUR 53.0 million in the first half of 2024 (H1 2023: EUR 13.2 million), boosted by the exit of Frigoscandia
  • Setting the course for further internationalization and geographical expansion
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