Fourteenth acquisition in 2022: Mutares signs agreement to acquire Palmia Oy from the City of Helsinki

Further strengthening its presence in Finland after recent successful sale of Nordec Group Oyj New platform investment strengthening the Goods & Services segment Generated revenue of EUR 104 million in 2021 Provider of soft and hard facility services, e.g. within foods/restaurants, cleaning, real estate and security Munich, 14 December 2022 – Mutares SE & Co. […]

Mutares has successfully sold its portfolio company Royal de Boer to Turntide Technologies

Munich, Amsterdam, 2 December 2022 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company Royal de Boer to Turntide Technologies, a United States-based innovator with a focus on technology and sustainability. Royal de Boer has its headquarters and production facility in Leeuwarden, Netherlands, and was acquired from GEA Farm Technologies […]

Mutares has successfully completed the acquisition of Heat Transfer Technology (NEM Energy) from Siemens Energy B.V.

In future operating under the name NEM Energy Leading OEM in the field of heat recovery steam generators (HRSG) for gas-fired power plants and industrial-sized energy efficiency applications Globally leading supplier in the field of exhaust and diverter solutions New platform investment to strengthen the Engineering & Technology segment Significant synergy effects with the Balcke-Dürr […]

Mutares has successfully completed the acquisition of Steyr Motors Betriebs GmbH and Steyr Motors Immo GmbH

Strengthening the Engineering & Technology segment Active in the area of development and production of engines for special purpose applications Munich, 30 November 2022 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Steyr Motors Betriebs GmbH and Steyr Motors Immo GmbH from Thales Austria GmbH. Steyr Motors is headquartered […]

Mutares has successfully completed the acquisition of Götene Kyltransporter AB

Swedish temperature-controlled logistics company Strengthening the position as the leading temperature-controlled logistics platform in the Nordics Annual revenues of approx. EUR 35 million Munich, 21 November 2022 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of all shares in Götene Kyltransporter AB from private owners. This is the second add-on […]

Mutares has successfully sold Nordec Group Oyj

A consortium of buyers consisting mainly of Harjavalta Oy and Tirinom Oy has purchased 100% of the shares in Nordec Group Oyj The complete exit of Mutares represents the strategically ideal solution Target of ROIC of 7-10x exceeded Munich, 10 November 2022 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its subsidiary […]

Mahindra partners with Mutares for transforming Peugeot Motocycles

Mutares submits an irrevocable binding offer to acquire stake in Peugeot Motocycles to strengthen its Automotive & Mobility segment Peugeot Motocycles is a manufacturer of two- and three-wheeler scooters Munich/Mumbai/Mandeure, 10 November 2022 – Mahindra & Mahindra Ltd. (M&M) and Mutares SE & Co. KGaA (ISIN: DE000A2NB650) today announced that Mutares has submitted an irrevocable […]

Fourth exit in 2022: Mutares signed an agreement to sell its portfolio company Royal de Boer to Turntide Technologies

Munich, 8 November 2022 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to sell its portfolio company Royal de Boer to  Turntide Technologies. The closing of the transaction is expected in the fourth quarter of 2022 and is subject to the fulfilment of information and consultation rights of the relevant works […]

Mutares with high transaction activity and strong growth in the first nine months of 2022

Revenues from consulting services and management fees of Mutares Holding increased by 28% to EUR 45.5 million in the first nine months of 2022 (previous year: EUR 35.6 million) Net Income of Mutares Holding after nine months of 2022 at EUR 16.2 million (previous year: EUR 17.6 million) Group revenues up 52% to EUR 2,677.6 […]

Mutares has successfully completed the acquisition of Siemens Energy Engines S.A.U. and related assets

Strengthening the Engineering & Technology segment Leading manufacturer of gas and diesel engines with significant global installed base Great operational and strategic potential Munich, 2 November 2022 – A vehicle owned and managed by Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Siemens Energy Engines S.A.U. and related assets (“Siemens […]