Eighteenth acquisition in 2024: Mutares has signed an agreement to acquire Nervión Industries, Engineering and Services, S.L.U. from Amper S.A.

  • New platform investment to strengthen the Goods & Services segment
  • Integrated industrial services player
  • Ca. EUR 200 million in revenues in FY 2023

Munich, December 30, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Nervión Industries, Engineering and Services, S.L.U. (“Nervión” or the “Company”) from Amper S.A. The company will strengthen the Goods & Services segment of Mutares as a new platform investment. The transaction is expected to close in Q1 2025.

Founded in 1956, Nervión is a leading Iberian industrial services operator with extensive experience serving Tier I clients across multiple end markets, including the oil & gas, industrial, and energy sectors. The Company has built a strong reputation by consolidating a diverse range of activities, with its core business focused on industrial maintenance and assembly. Additionally, Nervión operates in key areas such as solar PV plant construction, storage tank construction and assembly, and atmospheric pollution control solutions.

With consolidated revenues of ca. EUR 200 million, the company is well-positioned for future growth, supported by its robust commercial network and a track record of delivering exceptional results for its clients. Closing of the transaction is subject to customary merger control requirements and bank approvals.

Johannes Laumann, CIO of Mutares, comments: “By acquiring Nervión, we are further strengthening our Goods & Services segment by integrating a leading player in the Iberian industrial services market. With its strong growth potential and highly respected brand in Spain, Nervión not only enhances our portfolio but also establishes our presence in the Spanish industrial services sector. This acquisition offers a unique opportunity to apply our extensive expertise to support Nervión’s growth and strategic development. At Mutares, we look forward to collaborating with the management team and employees to adapt the business, preparing it for the next phase of growth and setting a solid foundation for the company’s future success.”