Zanders GmbH withdraws motion for debtor-in-possessions proceedings after the preliminary committee of creditors rejected the restructuring concept Since its acquisition by Mutares AG, Zanders GmbH has grown its turnover by an average of 12 percent per year Munich, August 31, 2018 – Mutares AG (ISIN: DE000A0SMSH2) announces that its subsidiary Zanders GmbH has today withdrawn […]
Supervisory Board election held at Annual General Meeting on 20 July 2018 Supervisory Board expanded to five members New members Dr. Koniarski and Dr. Müller bring additional expertise Munich, 13 August 2018 – In line with the resolution to expand the Supervisory Board of Mutares AG (ISIN: DE000A0SMSH2), the Annual General Meeting of Mutares AG […]
Establishing Mutares UK and opening of its London office marks the next milestone in Mutares Group’s successful international expansion that started with Mutares France and Mutares Italy. Mutares UK established and office in London opened New country organization for covering activities in the UK and Nordics First UK transaction, the acquisition of Knorr-Bremse’s vehicle service […]
Munich, 6 August 2018 – German investment group Mutares AG (ISIN: DE000A0SMSH2) is to acquire the UK vehicle service business to train operators from Knorr-Bremse, the leading manufacturer of braking systems. Both companies have signed an agreement to this effect. The closing of this transaction is expected by autumn 2018. New platform investment with annual […]
The Mutares subsidiary Balcke-Dürr Group expands its product range and engineering know-how by taking over a specialist provider of industrial services in the field of dismantling nuclear facilities. Strategic add-on acquisition strengthens positioning of Balcke-Dürr Group Positioning of the Balcke-Dürr Group as a system supplier and provider of industrial services Dynamic growth expected in the […]
The Donges SteelTec Group, a subsidiary of the Mutares Group (ISIN: DE000A0SMSH2), signs an agreement to acquire the Kalzip Group, a supplier of cladding solutions and aluminium roofing, from Tata Steel.<p> Donges sales to increase to more than EUR 100 million Complementation of the product range and engineering Know-how Opening up new geographical markets in […]
The shareholders of Mutares AG (ISIN: DE000A0SMSH2) approved a dividend of EUR 1.00, the expansion of the Supervisory Board to five members and the conversion to registered shares. Dividend payout of EUR 1.00 approved Supervisory Board expansion from three to five members resolved Conversion to registered shares approved Deloitte confirmed as auditor for FY 2018 […]
Handelsblatt, 25.06.2018 https://unternehmen.handelsblatt.com/energetische-sanierung.html
Renovation plan to ensure paper manufacturer’s efficiency and existence / Company pensions and high raw material costs burden the growing company At the request of Zanders GmbH, the Cologne District Court today decided to reorganize the company under its own administration. A court-monitored remediation plan is to relieve the traditional paper manufacturer in Bergisch Gladbach […]
The Mutares Group (ISIN: DE000A0SMSH2) generated total revenues of EUR 228.9 million and seasonally affected operating earnings (EBITDA) of EUR (3.4) million in the first quarter of 2018. The first quarter was dominated by the usual seasonal effect on the service business of the Engineering & Technology segment and preparations for the successful IPO of […]
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