Third acquisition in 2023: Mutares signed an agreement to acquire Gläserne Molkerei from Emmi Group

  • Third acquisition of Mutares in 2023
  • Leading manufacturer of pure organic dairy products in Germany
  • Revenues of ca. EUR 100 million and two sites in Germany

Second acquisition in 2023: Mutares signed an agreement to acquire Efacec from the Portuguese State

  • Third deal in Iberia and second platform acquisition in the region, strengthening the Engineering & Technology segment
  • Provider of energy, engineering and mobility solutions

Mutares has successfully completed the acquisition of Arriva Poland from the Arriva Group

  • Revenues of ca. EUR 50 million
  • Strengthening the Goods & Services segment
  • Operator in the public transport market

Mutares has successfully completed the acquisition of Arriva Denmark and Serbia from the Arriva Group

  • Revenues of ca. EUR 350 million with vast main market in Denmark
  • Platform acquisition to strengthen the Goods & Services segment
  • Operator in the public transport market

Mutares with a strong first quarter 2023 – Significant leap in profit of 21% in the holding company – Setting the course for further growth

  • Revenues from consulting services and management fees of Mutares Holding rose by 84% to EUR 27.1 million (previous year: EUR 14.7 million)
  • Net income of Mutares Holding increased by 21% to EUR 8.2 million in the first quarter of 2023 (previous year: EUR 6.8 million) despite costs of approx. EUR 4.5 million for the refinancing of the bond
  • Revenues for Mutares Group up 30% to EUR 1,108.0 million (previous year: EUR 852.5 million), Group Adjusted EBITDA improved to EUR +5.1 million (previous year: EUR -30.7 million)
  • Early bond refinancing sets course for further growth
  • Full transaction pipeline with volume of around EUR 11 billion revenues

Fifth exit in 2023: Mutares has signed an agreement to sell Special Melted Products to Cogne Acciai Speciali for an enterprise value of approximately EUR 180 million

  • Expected fifth exit in the current year
  • Transaction expected to close in Q2 2023
  • Cogne Acciai Speciali to strengthen its market position with SMP business
  • Successful implementation of full-scope turnaround in very short period
  • Transaction will mark significant exit for Mutares starting to harvest the growth path of the last 3 years
  • Net proceeds of up to EUR 150 million expected

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