Mutares further expands Goods & Services segment with agreement to acquire Fuentes from Lineage Group
- Service company involved in temperature-controlled logistics
- New platform acquisition to strengthen the Goods & Services segment
- Planned revenues of around EUR 200 million in 2025
- Closing expected in the third quarter of 2025
Munich, July 14, 2025 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Lineage Spain Transportation S.L. “Fuentes” from Lineage Group. The transaction strengthens the Goods & Services segment as a new platform investment and is expected to close in the third quarter of 2025, subject to merger control approval.
Fuentes is a service company, specializing in temperature-controlled food transport – primarily for fruits and vegetables – offering national, international, and last-mile logistics across the full food supply chain, ensuring safety, quality and regulatory compliance. Headquartered in Las Torres de Cotillas (Murcia), a key agricultural hub in Europe, close to major food manufacturers, Fuentes operates three more facilities throughout Spain and an international hub in Vlissingen, the Netherlands. In total, the company employs around 850 people and plans revenues of around EUR 200 million in 2025.
The company operates through a combination of owned fleet of more than 480 trucks and 540 trailers, and a network of over 3,000 subcontractors, providing maximum flexibility to adapt to volume demands.
Johannes Laumann, CIO of Mutares, comments: “We are excited to announce another transaction within the logistics sector to strengthen our European presence in this platform. Together with the Mutares team and our profound expertise, we see great potential based on an operational improvement plan as well as a positive outlook for the Spanish logistics market and rising retail demand, to sustainably position Fuentes for the future.”