Mutares AG subsidiary STS Group plans IPO in the Prime Standard

Mutares AG (ISIN: DE000A0SMSH2), a company listed in Scale 30 of the Frankfurt Stock Exchange, plans IPO of its subsidiary STS Group AG in 2018. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF […]

Mutares AG proposes dividend increase to EUR 1.00 per share after successful FY2017

The Management Board and Supervisory Board of Mutares AG (ISIN: DE000A0SMSH2) will propose an increase of the dividend to EUR 1.00 (previous year: EUR 0.35) to this year’s Annual General Meeting.

EUPEC confirms its successful turnaround and wins a EUR 5 million contract

The French pipe coater EUPEC, a holding of the investment company Mutares AG listed in the Scale 30 (ISIN: DE000A0SMSH2), announces the signing of a EUR 5 million contract. This award of contract underlines the success of EUPEC’s new strategy. Having found an agreement with its works council at the beginning of 2017, this represents […]

Mutares AG considers exit options for German commercial vehicle supplier STS Group

Investment company Mutares AG (ISIN: DE000A0SMSH2), listed on the Scale 30 index at Frankfurt Stock Exchange, is considering the sale or IPO of its portfolio company STS Group AG for this year. About STS Group Munich-based STS Group is a global market leader and supplier to the commercial vehicle industry. The company specializes in the […]

Mutares releases NAV for 31 December 2017

Mutares AG (ISIN: DE000A0SMSH2) looks back on a successful 2017 which was marked by continued growth. The Group publishes a NAV of EUR 398.6 million as of 31 December 2017, representing an annual increase of 29%. The main drivers of the revaluation are the Automotive and Engineering & Technology segments. The Mutares Group looks back […]

Balcke-Dürr – successful turnaround in 2017 with significant growth potential in 2018

Dusseldorf, Germany. Mutares AG’s (ISIN: DE000A0SMSH2) portfolio company Balcke-Dürr produces components to improve energy efficiency and reduce emissions for the energy sector and chemical industry and is part of the Mutares Group since December 2016. After having accomplished successfully the turnaround milestones in 2017, including the closure of a site and streamlining of production at […]

Mutares AG: Inclusion in newly launched index Scale30 of Deutsche Börse

Mutares AG (ISIN: DE000A0SMSH2) has been included in the German Stock Exchange’s new selection index Scale 30. The company has qualified for inclusion as one of the most liquid securities in the scale segment on the Xetra and Frankfurt stock exchanges. As early as 2017, Mutares was a founding member of the Scale segment for […]

Mutares Italy signs first transaction with add-on acquisition for Balcke-Dürr Group

Mutares (ISIN: DE000A0SMSH2) subsidiary Balcke-Dürr Group signs an agreement to purchase Heat Transfer Product (HTP) Division of STF (“STF”) The strategic add-on acquisition broadens the product range and enhances the engineering know-how It will lead to an increased market share in the conventional and nuclear power sector The transaction is subject to approval of the […]

Mutares adopts International Financial Reporting Standards (IFRS)

Mutares (ISIN: DE000A0SMSH2) wants to provide its shareholders with even greater transparency and adapts its reporting framework to the Group’s increasing internationalization. For this reason, the Group has decided to convert its financial reporting to IFRS (International Financial Reporting Standards) as of the financial year 2017. The consolidated financial statements for the fiscal year 2017 […]

Mutares sells A+F Automation+Fördertechnik

Mutares (ISIN: DE000A0SMSH2) sells German A+F Automation+Fördertechnik after successful turnaround to fund of industry partner CGS For more than 40 years, A+F is a leading manufacturer of high end and end-of-line packaging machines, based in Kirchlengern (Germany). Mutares has sold the company to a fund of industry partner CGS for a money multiple of 8.5 […]