Mutares has successfully sold Repartim group to an institutional investor

Munich, July 12, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company Repartim to an institutional investor.

Repartim, headquartered in Tours, France, is a renowned French home repair specialist. The company’s services include technical assistance in emergencies that require quick on-site intervention. Its customers include corporate and private clients, served through a network of 19 agencies. Repartim group generated revenues of approx. EUR 33 million in 2023 and currently employs approx. 350 employees throughout France.

Following the acquisition of the seller Belron in 2021 and a comprehensive operational improvement program, the service quality has been successfully improved. The acquisition of competitor Sin&Tec gave Repartim access to additional customers.