Mutares subsidiary Donges Group continues to expand: Integration of Norsilk to further enhance product offering and sales network

Donges Group integrates wood product supplier Norsilk Complementing product offering and sales network of both companies Further growth in French, Spanish and European countries expected Munich/Darmstadt, June 28, 2019 – Donges Group, an investment platform of Mutares AG (ISIN: DE000A2NB650), has successfully completed the integration of investment platform Norsilk SAS. By integrating the previous standalone […]

Mutares completes acquisition of keeeper Group from Wrede Industrieholding

Mutares completes acquisition announced in May 2019 Group of companies with an annual turnover of EUR 65 million Attractive product portfolio includes plastic household products sold worldwide Company strengthens the Goods & Services Segment Munich, June 24, 2019 – Mutares (ISIN: DE000A2NB650), an industrial holding company specializing in companies in transition, has succesfully completed the […]

Mutares completes acquisition of Plati Elettroforniture from Deren Group

Mutares Italy completes acquisition announced in May 2019 Company with annual sales of EUR 38 Million Product portfolio comprises cable harnesses, automotive cables, connectors, PVC extrusion, and electromechanical assemblies Together within the portfolio segment Automotive & Mobility the company will use existing sales and operational synergies Munich/ Milano, June 17, 2019 – Special situation investor […]

Keeping up the momentum – Mutares completes acquisition of ArcelorMittal TrefilUnion SAS

Mutares France completes acquisition of a new platform investment announced in April 2019 Company with annual sales of EUR 42 Million Products focused on steel wire and ropes for construction and automotive Acquisition will strengthen portfolio segment Goods & Services Munich/ Paris, June 3, 2019 – Special situation investor Mutares (ISIN: DE000A2NB650) has completed the […]

Mutares portfolio company STS Group AG achieves ‘breakthrough’ with a news order for electric vehicles in the chinese market

To read the whole article please follow this link to STS Group AG’s news section.

Rapid growth continues – Mutares acquires one of Europe’s leading suppliers of plastic household products from Wrede Industrieholding

Already fifth transaction and second platform investment for Mutares in 2019 Target company with around EUR 65 million turnover in the field of plastic household products Strategic addition to the Goods & Services segment Closing expected by end of June 2019 Munich, 29 May 2019 – Mutares AG (ISIN: DE000A2NB650) has signed an agreement to […]

Mutares strengthens its portfolio with add-on acquisition in the automotive sector

Already fourth transaction and third add-on acquisition for Mutares in 2019 Target company with revenues of EUR 38 million in the cable harness segment Strengthening of the Automotive & Mobility segment Closing expected by June 2019 Munich, May 27, 2019 – Mutares AG (ISIN: DE000A2NB650) has signed an agreement to acquire 80% of Plati Elettroforniture […]

Mutares achieves revenues of over EUR 200m, Adjusted EBITDA on target

Group revenues for the first three months of 2019 at over EUR 200 million Balanced EBITDA, Adjusted EBITDA negative as expected in first quarter Three acquisitions already made, including two add-ons and a new platform investment before the end of May Outlook and targets for 2019 unchanged Munich, May 21, 2019 – The Mutares Group […]

Mutares AG: Balcke-Duerr sells its stake in an Indian Joint Venture

Sale of 49% stake in JV to Thermax Limited JV represented only part of Balcke-Duerr Group’s activities in India Balcke-Duerr remains active in India with its 100% Indian subsidiary Munich, April 24, 2019 – Two companies of Mutares Group (ISIN: DE000A2NB650), Balcke-Dürr GmbH and parent company Mutares Holding-24 AG, sell their combined 49% stake in  […]

Mutares has made a binding offer to acquire ArcelorMittal TrefilUnion SAS from ArcelorMittal Group

Potential new platform company for Mutares, first new platform in 2019 Products focused on steel wire and ropes for construction and automotive Binding offer will be presented to the workers’ representatives of the target on April 24 Further announcements on the transaction will be made after the consultations Munich/Paris, April 23, 2019 – Special situation […]