Mutares with a strong start to 2020: Two exits, placement of a bond and three acquisitions

Group sales in Q1 2020 at EUR 315.7 million (Q1 2019: EUR 203.3 million) EBITDA climbs to EUR 39.0 million after EUR 0.0 million in Q1 2019 Adjusted EBITDA of EUR -10.4 million (Q1 2019: EUR -3.5 million) reflects higher M&A activity in acquisitions Already three acquisitions completed in the current financial year, including an add-on and two new platform investments Outlook 2020 […]

Mutares strikes for another record year and signed a transaction to acquire certain Sealing and Fluid Businesses from Cooper Standard

New platform acquisition for the Automotive & Mobility segment with significant synergies for Elastomer Group Leading Automotive and Industrial Specialties supplier for Sealing and rubber Fluid Transfer Systems (FTS) in Poland, Italy, Spain and India with approx. EUR 180 million in revenues in 2019 Cross-border transaction and joint team approach of the German and Italian […]

Mutares investment BEXity sells activities in the Czech Republic as part of a management buy-out; second exit in Corona times

Munich, 30 April 2020 – BEXity, the market leader for cross-border transport and logistics services in the Austrian market and, since the end of 2019, a 100% holding of Mutares SE & Co. KGaA (ISIN: DE000A2NB650), has sold its subsidiary European Contract Logistics (EC Logistics) to the CEO of EC Logistics in a management buy-out. […]

Mutares platform Donges Group successfully completes the acquisition of Ruukki Building Systems

Donges Group has completed the acquisition of Ruukki Building Systems from SSAB Group Donges Group annual revenue increasing close to EUR 400 million Target group with annual revenues of approx. EUR 140 million Add-on acquisition strengthens the market position of Donges Group in Northern Europe and opens up capacities in Eastern Europe Munich/Darmstadt, 30 April, […]

Balcke-Dürr sells Balcke-Dürr Polska after a successful turnaround to the Wallstein Group

Munich, 16 April 2020 – Balcke-Dürr, a holding of Mutares SE & Co. KGaA (ISIN: DE000A2NB650), has sold Balcke-Dürr Polska to the Wallstein Group after successful turnaround. Balcke-Dürr Polska is a leading manufacturer of filter systems for conventional power plants and industrial applications. The Warsaw based company is a leading global provider of filter systems, […]

Mutares SE & Co. KGaA: Record figures in financial year 2019 for Group revenues, Group EBITDA and adjusted EBITDA – increased net profit (EUR 22.5 million, +12 %) – dividend proposal at previous year’s level of EUR 1.00 per share

Group annual revenues of EUR 1,015.9 million (+17 %) in 2019 exceed the billion-euro mark for the first time – including seven completed acquisitions Positive earnings development in 2019: Group EBITDA EUR 79.2 million (+61 %), adjusted group EBITDA EUR 7.5 million (+67 %), net profit of Mutares SE & Co. KGaA EUR 22.5 million […]

Mutares investment keeeper successfully completes acquisition and grows into a group with EUR 100 million sales

Strategic acquisition for the expansion of the product portfolio of the keeeper Group completed The new product segment is intended to facilitate sales synergies and create attractive added value for customers Growth of the keeeper Group to more than EUR 100 million annualized revenues Munich/Stemwede, March 2, 2020 – keeeper Group, one of Europe’s largest […]

Mutares takes on Top 2 of the Italian postal market by acquiring the majority in Nexive’s business from PostNL

Acquisition of 80% majority stake in No. 2 of the Italian postal market Company will strengthen portfolio segment ‘Goods & Services’ Second transaction of Mutares in 2020; closing expected in Q2, 2020 Munich/The Hague, 24th February 2020 – Mutares and PostNL have signed an agreement on the acquisition of the majority stake of 80% in […]

Mutares subsidiary Balcke-Duerr Group continues to grow and acquires Italian Loterios s.r.l.

Strategic add-on for Balcke-Duerr to broaden the addressable market in the chemical and petrochemical industries Loterios produces pressure components in special materials Signing and closing of the acquisition successfully completed Munich/Milan, February 5, 2020 – Balcke-Duerr Group, a portfolio company of turnaround investor Mutares (ISIN: DE000A2NB650) focused on solutions for energy efficiency and emission reduction […]

Mutares starts into 2020 with the successful completion of the acquisition of Tekfor S.p.A.

Well-known Italian manufacturer of automotive components with sales of approx. EUR 120 million expected in 2020 New platform investment strengthens the Automotive & Mobility segment Tekfor S.p.A. now operates under the new name PRIMOTECS Munich/Milan, 4 February 2020 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of the Italian business […]