Mutares completes successful exit of Steyr Motors – High demand among institutional investors

  • Mutares sells remaining 23% stake in Steyr Motors in line with strategy
  • High demand from domestic and foreign investors
  • Significant cash inflow with ROIC well above target range

Intended private placement of shares in Steyr Motors AG by way of an accelerated bookbuilding process

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Mutares increases Holding net income by 56% to just under EUR 83.5 million in the first nine months of 2025 – further exits expected in the fourth quarter

  • Revenues from consulting services and management fees of the Mutares Holding reached EUR 77.6 million in the first nine months of 2025 (previous year: EUR 84.3 million)
  • Net income of Mutares Holding increased by 56% to EUR 83.5 million in the first nine months of 2025 (previous year: EUR 53.5 million)
  • Group revenues rose by 21% to EUR 4,725.3 million (previous year: EUR 3,892.8 million), EBITDA increased to EUR 720.3 million (previous year: EUR 170.3 million), Adjusted EBITDA at EUR -62.5 million (previous year: EUR -16.5 million)
  • Further exit activities expected in the fourth quarter

Mutares portfolio company Magirus completed the acquisition of Achleitner Fahrzeugbau GmbH

  • Magirus expands product offering in the defense and security vehicle market
  • A leading Austrian specialist for customized special vehicles for offroad, security and defense purposes
  • Strategic add-on acquisition for Magirus strengthening the Infrastructure & Special Industry segment

Mutares portfolio company Buderus Edelstahl has sold its two business units to GMH Gruppe

  • Sale of the hot rolling mill and mechanical processing incl. heat treatment business units to a strategic buyer
  • Drop forging division also sold to FerrAl United Group

Mutares plans to expand its presence in Asia with strategic add-on acquisition of HSR and HST from Hwaseung Corporation for Amaneos China

  • Planned majority takeover of HSR and HST as add-on acquisition for Amaneos China strengthening the Automotive & Mobility segment of Mutares
  • Strategic expansion of the Group’s Asian footprint
  • Revenues of over EUR 100 million
  • Signing of transaction envisaged in Q4 2025

Mutares signs agreement to acquire M3 Group in Sweden

  • Leading provider of transport infrastructure, construction, and machine rental services
  • Strategic add-on acquisition for GDL Anläggning & Miljö to strengthen the Infrastructure & Special Industry segment and expand Nordic presence
  • Revenues of approx. EUR 35 million
  • Closing expected in Q4 2025

Mutares has successfully sold Clecim to Fouré Lagadec (SNEF Group)

  • Successful transformation and optimization processes after carve-out with ROIC of more than 10x
  • Supplier of high-end steel processing line solutions
  • Revenues of approx. EUR 55 million

Mutares has completed the acquisition of Kawneer EU

  • Leading provider of aluminum architectural window and façade systems
  • New platform acquisition to strengthen the Engineering & Technology segment
  • Revenues of around EUR 125 million

Mutares has successfully completed the acquisition of Drum Brake Location in Italy from AUMOVIO

  • Transaction involves its manufacturing and R&D location in Cairo Montenotte (Italy), including all employees and business activities
  • Strengthening Mutares’ Automotive & Mobility segment
  • Revenues of about EUR 100 million expected for 2025