Mutares intends to float its portfolio company Terranor Group AB (publ) on Nasdaq First North Growth Market in Stockholm

Press ReleasesJune 23, 2025

• Aims for a listing of Terranor Group AB (publ) on Nasdaq First North Growth Market in Stockholm in June 2025
• One of the leading providers of operations and maintenance services with revenues of approx. EUR 285 million (SEK 3,147 million) in 2024
• Successful turnaround strategy implemented by Mutares since Terranor Group AB (publ)’s inception as a stand-alone entity in 2020/2021
• Mutares remains a committed majority shareholder

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Mutares and Continental signed agreement on acquisition of Continental Drum Brake Location in Italy

Press ReleasesJune 18, 2025

• Transaction involves its manufacturing and R&D location in Cairo Montenotte (Italy) including all employees and business activities
• Acquisition to strengthen Mutares’ Automotive & Mobility segment
• Continental group sector Automotive further consolidates European manufacturing footprint and strengthens strategic focus on its core business, enabling it to better allocate R&D and investments with product strategy and future technologies
• Closing expected in the fourth quarter of 2025 after the listing of Continental group sector Automotive as independent company Aumovio