Sixth exit in 2024: Mutares successfully takes Steyr Motors public

Press ReleasesOctober 30, 2024

• Listing of Steyr Motors in the Scale segment of the Frankfurt Stock Exchange
• Globally leading specialist for tailor-made engines in mission-critical special defense and civil applications¹ with an international customer base
• 60% of revenue² from defense applications
• Successful turnaround under Mutares’ leadership with an adjusted EBIT³ margin of 24% in the first nine months of 2024
• Mutares sells 21% stake in the company and remains majority shareholder with 70.9% ownership

Thirteenth acquisition in 2024: Mutares has signed an agreement to acquire the business of Buderus Edelstahl GmbH from the voestalpine AG

Press ReleasesOctober 23, 2024

• New platform investment to strengthen the Engineering & Technology segment
• Renowned German manufacturer of high-quality special steels
• EUR 360 million in revenues generated in the fiscal year 2023/2024
• Total assets of approx. EUR 200 million transferred

Fifth exit in 2024: Mutares has signed an agreement to sell MobiLitas to Saniva for a purchase price in the single-digit million range

Press ReleasesOctober 1, 2024

Munich, October 1, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to sell MobiLitas to Saniva, a local successful entrepreneur, for an equity purchase price in the single million digit range. After the successful repositioning of MobiLitas, Mutares is now focusing on the core business of GoCollective in Denmark, which […]

Detailed statement by Mutares on the Gotham City research report and the short attack as well as the allegations made therein

Press ReleasesSeptember 27, 2024

Munich, September 27, 2024 – The Management Board of Mutares Management SE, the general partner of Mutares SE & Co. KGaA (ISIN: DE000A2NB650) (“Mutares”), has received the report of Gotham City Research on September 26, 2024, and issues the following detailed statement following an initial statement: The report published by Gotham City Research on September […]

Mutares’ first statement on Gotham City’s research report and the short attack – insight into current business performance and short and medium-term outlook

Press ReleasesSeptember 26, 2024

Munich, 26 September 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) (“Mutares”) has today received the report of Gotham City Research and issues the following initial statement: Commercial interest of Gotham City Research in falling prices to maximize its own profit (short position) One-sided negative interpretation of Mutares’ strategy and selected business transactions Successful […]