Successful integration of NEM Energy and Balcke-Dürr to one Group to materialize synergies

  • Successful integration of NEM Energy and Balcke-Dürr
  • “NEM Energy Group” with revenues of approx. EUR 340 million
  • Strengthening of the product and service portfolio and realization of synergies

Mutares has successfully completed the majority acquisition of BEW-Umformtechnik from Marigold Capital

  • Add-on acquisition for Metals Group to strengthen the Automotive & Mobility segment
  • Revenues of approx. EUR 55 million
  • Forged parts manufacturer

Mutares publishes annual report 2022 and records renewed growth: Mutares Holding’s net income rises to record level of EUR 72.9 million in 2022 and is expected to continue to grow strongly in 2023

  • Mutares Holding’s revenues from consulting services and management fees increase to EUR 71.1 million (previous year: EUR 50.5 million)
  • Net income of Mutares Holding for the financial year 2022 of EUR 72.9 million (previous year: EUR 50.7 million) within the expected range
  • Resilient business model secures net income even in uncertain times
  • Stable base dividend of EUR 1.00 per share planned (previous year: EUR 1.00), additional performance dividend of up to EUR 1.00 per share (previous year: EUR 0.50) dependent on further exit proceeds up to the Annual General Meeting
  • Group revenues rise to EUR 3.8 billion (previous year: EUR 2.5 billion), Group EBITDA at EUR 181.5 million (previous year: EUR 566.5 million)
  • Forecast for the financial year 2023: the Management Board expects net income of the Mutares Holding in the range of EUR 92 million to EUR 112 million on consolidated Group revenues of EUR 4.8 billion to EUR 5.4 billion

Mutares SE & Co. KGaA: Net income for financial year 2022 increases by 44% to EUR 72.9 million and is expected to continue to grow strongly in 2023

  • Mutares Holding’s revenues from consulting services and management fees increase to EUR 71.1 million (previous year: EUR 50.5 million)
  • Net income of Mutares Holding for the financial year 2022 of EUR 72.9 million (previous year: EUR 50.7 million) within the expected range
  • Resilient business model secures net income even in uncertain times
  • Stable base dividend of EUR 1.00 per share planned (previous year: EUR 1.00), additional performance dividend of up to EUR 1.00 per share (previous year: EUR 0.50) dependent on further exit proceeds up to the Annual General Meeting
  • Group revenues rise to EUR 3.8 billion (previous year: EUR 2.5 billion), Group EBITDA at EUR 181.5 million (previous year: EUR 566.5 million)
  • Forecast for the financial year 2023: the Management Board expects net income of the Mutares Holding in the range of EUR 92 million to EUR 112 million on consolidated Group revenues of EUR 4.8 billion to EUR 5.4 billion

Creditors of Walor International agree to the takeover terms proposed by Mutares

  • Another important milestone under the exclusive negotiation period towards a potential transaction realisation in Q2 2023 has been reached
  • Acquisition of Walor International would be the cornerstone of the consolidation activities of Mutares in the production of forged and machined metal parts in Europe

Mutares successfully placed EUR 100 million of the New Bond 2023/2027 and redeems the existing bond 2020/2024 ahead of schedule

  • Senior secured bond 2023/2027 with a volume of EUR 100 million placed
  • Interest coupon in the amount of the 3-months EURIBOR plus a margin of 8.5% p.a.
  • Early refinancing of bond 2020/2024
  • Increasing financial flexibility for further portfolio diversification

Mutares has successfully sold FDT Flachdach Technologie GmbH to Holcim Group

Munich, 20 March 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company FDT Flachdach Technologie GmbH to Holcim Group. FDT has a long history after its foundation in 1873 as “Schildkröt Werke” and today a strong presence in the main Western European countries. The company is a leading manufacturer […]

First acquisition in 2023: Mutares signed agreement to acquire majority stake of BEW-Umformtechnik from Marigold Capital

Add-on acquisition for PrimoTECS Group to strengthen the Automotive & Mobility segment Revenues of approx. EUR 55 million Producer of forged parts Munich, 17 March 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire 87.5% of the BEW-Umformtechnik GmbH, a producer of highly stressed forged parts, from the majority […]

Mutares positions newly formed Amaneos as global Tier 1 automotive supplier

100 percent shareholding Amaneos acts as new holding company for Light Mobility Solutions GmbH, MoldTecs GmbH and SFC Group Global player with more than 7,500 employees at 30 locations Tier 1 automotive supplier with annual revenues of approx. EUR 1.2 billion High synergy potential   Munich, 9 March 2023 – Mutares SE & Co. KGaA […]

Mutares has successfully sold its portfolio company Lacroix + Kress GmbH to Superior Essex

Munich, 7 March 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company Lacroix + Kress GmbH to Superior Essex Global LLC. The company is the leading oxygen-free copper drawing manufacturer in Europe and employs around 250 people at its two production sites in Bramsche and Neunburg vorm Wald, Germany. […]