Mutares sells Geesinknorba

Mutares (ISIN: DE000A0SMSH2) has sold the Geesinknorba Group to a Chinese green-tech fund. Geesinknorba is a leading European provider of technical solutions for waste collection. The company develops, produces and distributes innovative, high-quality refuse collecting vehicles and stationary presses. Mutares acquired the company in 2012. Mutares has sold Geesinknorba to the Chinese green-tech fund Firion […]

Mutares releases NAV for the half year of 2017

Mutares AG (ISIN: DE000A0SMSH2) has released a NAV of EUR 319.4m after the first half of 2017. The main driver was the “Automotive” segment. Mutares will release the NAV of its portfolio on a quarterly basis in order to increase transparency. The strongest driver for the NAV has been the “Automotive” segment, which benefitted considerably […]

Mutares sells Grosbill

Mutares AG (ISIN: DE000A0SMSH2) has sold the French online retailer Grosbill to the founder of the company. Mutares AG has sold Grosbill to Luc Boccon-Gibod, the founder of the company. Being a French multi-channel retailer for consumer electronics, Grosbill operates an online platform as well as own retail stores. In 2015 the company had been […]

Mutares completes the acquisition of the truck supplier business of the Plastic Omnium Group

Mutares AG (ISIN: DE000A0SMSH2) has completed the acquisition of the truck supplier business of the Plastic Omnium Group. Through the integration with the STS Group, MUTARES creates a leading global truck supplier with a total turnover of EUR 400m and 2,700 employees in 16 plants. Mutares AG has completed the acquisition of the truck supplier […]

STS acquires Brazilian plant of Autoneum

The STS Group, a portfolio company of Mutares AG (ISIN: DE000A0SMSH2), acquired a production facility in Betim, Brazil, from the Swiss Autoneum Group. This recent acquisition falls in line with STS’ growth strategy to further develop into a leading global supplier.   STS has acquired a plant from Autoneum in Betim, Brazil, with 90 employees. […]

Mutares AG: AGM 2017 approves dividend payment of EUR 0.35 per share

The Annual General Meeting of Mutares AG (ISIN: DE000A0SMSH2), which took place in Munich on May 19, 2017, approved all resolutions proposed by the management with large majority and approved the dividend payment of EUR 0.35 per share.

Mutares starts with strong numbers in Q1 2017

The Mutares group (ISIN: DE000A0SMSH2) has achieved in Q1 2017 a significant revenue increase of 36 percent amounting to EUR 208.2m and very strong operating earnings (EBITDA) of EUR 21.5m. The Executive Board expects 2017 to become a record year with dynamic transaction activities in the coming months

Mutares sells FTW

Mutares AG (ISIN: DE000A0SMSH2) has sold Fertigungstechnik Weisenfels GmbH to a German Family Office. The company is to be developed strategically within the new organization.

Mutares publishes Annual Report 2016

The Mutares Group (ISIN: DE000A0SMSH2) published today its Annual Report for the financial year 2016. The year was driven by strong organizational developments as well as a high transaction activity in the fourth quarter. The Executive Board and the Supervisory Board want their shareholders to participate in this success of the company by proposing a […]

Mutares completes the acquisition of Aperam Stainless Services & Solutions Tubes Europe

Mutares AG (ISIN: DE000A0SMSH2) has completed the acquisition of Aperam’s stainless steel welded tubes business located in Ancerville and Annecy, France. In 2016, the company generated revenues of EUR 64m. It will be a perfect add-on to BSL, Mutares’ French manufacturer of pipes and fittings.