Mutares has successfully sold its portfolio company Special Melted Products Ltd. to Cogne Acciai Speciali S.p.A.
- Most successful exit in the Company’s history
- Proceeds for the Mutares Holding of ca. EUR 150 million
Seventh acquisition in 2023: Mutares has sent an irrevocable offer to acquire SRT Group
- New platform acquisition for the Goods & Services segment
- Generated revenues over EUR 400 million in 2022
- Provider of urban on-demand delivery services for food, grocery, and retail players
Sixth exit in 2023: Mutares has sold SABO-Maschinenfabrik GmbH to SABO Holding GmbH
Munich, September 13, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has sold SABO-Maschinenfabrik GmbH to SABO Holding GmbH. SABO-Maschinenfabrik GmbH is one of the leading brands of high-quality lawn mowers and garden care products for private and commercial customers in Europe. Since 1932, the company has been producing in Gummersbach, Germany. After the […]
Mutares positions newly formed FerrAl United Group as global automotive supplier
- FerrAl United acts as new holding company for the global business of supplying castings and forgings within the Mutares portfolio
- Global player with more than EUR 1 billion in revenues and 5,000 employees at approx. 25 locations worldwide planned
- Significant synergy potential at customer and cost level
Mutares has successfully completed the acquisition of SELZER Group from INDUS
- Add-on acquisition to strengthen the FerrAl United Group
- Supplier of ready-to-install metallic components and assemblies for the automotive industry & industrial applications
- Revenues of ca. EUR 130 million planned for 2025
Mutares has successfully completed the acquisition of Recover Nordic Oy from Recover Group
- New platform investment for the Goods & Services segment
- Provider of property remediation services
- Wide market coverage with 19 branches in Finland
Mutares has successfully completed the acquisition of Gläserne Molkerei from Emmi Group
- New platform acquisition to strengthen the Retail & Food segment
- Leading manufacturer of pure organic dairy products in Germany
- Revenues of over EUR 100 million with two locations in Germany
Sixth acquisition in 2023: Mutares signed an agreement to acquire the forging business in Germany of CIE Automotive
- Add-on acquisition for FerrAl United Group to strengthen the Automotive & Mobility segment
- Revenues of ca. EUR 220 million
- Manufacturer of forged and machined components for the European truck market
Mutares increases consolidated revenues by 30% in the first half of the year – significant increase in profitability in all segments
- Revenues from consulting services and management fees of Mutares Holding grow by 82% to EUR 52.1 million in the first half of 2023 (H1 2022: EUR 28.7 million)
- Net income of Mutares Holding reaches EUR 13.2 million in the first half of 2023 (H1 2022: EUR 14.2 million) despite one-off expenses for bond refinancing
- Group revenues increase by 30% to EUR 2,273.6 million (H1 2022: EUR 1,754.6 million), Adjusted EBITDA improved to EUR 41.2 million (H1 2022: EUR -32.9 million)
- Successful refinancing of bond sets course for further growth
Fifth acquisition in 2023: Mutares signed an agreement to acquire SELZER Group from INDUS
- Add-on acquisition for Ferral United (Metals Group) to strengthen the Automotive & Mobility segment
- Revenues of ca. EUR 130 million planned for 2025
- Supplier of ready-to-install metallic components and assemblies for the automotive industry & industrial applications