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
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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
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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
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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
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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
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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
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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
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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
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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
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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 […]

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