Integration of STS Group is progressing

Mutares AG (ISIN: DE000A0SMSH2) has signed a purchase agreement to acquire the truck supplying business of Plastic Omnium Group. The completion of the complex transaction is expected to take place end of Q2. The Integration of the two French plants previously acquired from Mecaplast Group is progressing rapidly.

Mutares is founding member of the new capital market segment “Scale”

Mutares AG (ISIN: DE000A0SMSH2) transfers today into “Scale”, the new SME segment of Deutsche Börse. Hence, Mutares underlines its philosophy of high transparency and informed participation of investors.

Mutares sells EUPEC Germany

Mutares AG (ISIN: DE000A0SMSH2) has sold EUPEC Germany to the Wasco Group for EUR 19.5m. The operating business of EUPEC France remains within the Mutares Group.

Mutares intends to acquire Aperam Stainless Services & Solutions Tubes Europe

Mutares AG (ISIN: DE000A0SMSH2) has made a binding offer to acquire Aperam’s stainless steel welded tubes business located in Ancerville and Annecy, France. In 2015, the company generated revenues of EUR 67m. It would be a perfect add-on to BSL, Mutares’ French manufacturer of pipes and fittings.

Mutares completes the acquisition of Balcke-Dürr

Mutares AG (ISIN: DE000A0SMSH2) has completed the acquisition of the international equipment manufacturer Balcke-Dürr from SPX Corporation.

Mutares signs APA with Mecaplast

Mutares AG (ISIN: DE000A0SMSH2) has signed an APA to acquire two French plants of the Mecaplast Group. The two plants generate revenues of EUR 70m by producing interior and exterior parts for trucks. Together with the acquisition of Plastic Omnium’s truck business, Mutares creates a world leading truck supplier for cabin components with a total […]

Mutares strengthens its engineering & technology segment

Mutares AG (ISIN: DE000A0SMSH2) acquires the international equipment manufacturer Balcke-Dürr from SPX Corporation. In 2015, the company generated revenues of EUR 142m with 650 employees. Mutares intends to further invest in its engineering & technology segment.

Mutares creates global truck supplier

Mutares AG (ISIN: DE000A0SMSH2) made a binding offer to acquire the truck supplying business of the Plastic Omnium Group. Mutares thus creates a world leading truck supplier for cabin components with a total turnover of approximately EUR 400m and 2,700 employees in 15 plants.

Mutares shows strong figures in Q3 2016

In the third quarter of 2016, the Mutares Group (ISIN: DE000A0SMSH2) generated revenues of EUR 159.3m and operating earnings (EBITDA) of EUR 4.2m. The management expects dynamic M&A activities in the coming three months.

Mutares plans to grow its automotive business

Mutares has made an irrevocable offer to acquire two French plants of the Mecaplast Group. The two plants generate revenues of EUR 70m by producing interior and exterior parts for trucks. The acquisition would be a perfect add-on for STS, a portfolio company of Mutares .