The Mutares Group closed the first half of 2016 with stable revenues and a reduced profitability due to one-off effects. A strong focus was put on establishing the required organization structure as a basis for further growth of the group. The new segmentation of the portfolio sharpens Mutares’ profile and the investment focus.
Artmadis, a portfolio company of Mutares AG (ISIN: DE000A0SMSH2), is the leading distributor for tableware and kitchenware in France. After the successful takeover of the Belgian distributor Verbeelen, Artmadis has made two further add-on acquisitions leading the company to a post-merger sales level of more than EUR 100m.
The annual general meeting of Mutares AG (ISIN: DE000A0SMSH2), which took place in Munich on June 03, 2016, approved all resolutions proposed by the management with large majority. The dividend payment of EUR 0.60 per share was approved.
Mutares AG (ISIN: DE000A0SMSH2) acquires the French core board manufacturer Sonoco Paper France from Sonoco Products Company. In 2015, the company generated a turnover of EUR 32m with 73 employees.
The Mutares Group (ISIN: DE000A0SMSH2) increased its operating earnings (EBITDA) to EUR 4.4m by generating revenues of EUR 152.8m in the first quarter. The management expects 2016 to be another record year driven by dynamic M&A activities in the coming months. In Q1 2016, the Mutares Group generated revenues of EUR 152.8m (Q1 2015: EUR […]
Today, the Mutares Group (ISIN: DE000A0SMSH2) published its Annual Report for FY 2015. The group achieved again record levels in its consolidated revenues, operating earnings, cash and equity position, and NAV. The Executive Board and Supervisory Board want their shareholders to participate in the great success of the company by proposing a dividend payment of […]
Artmadis, a portfolio company of mutares AG (ISIN: DE000A0SMSH2), is the leading distributor for tableware and kitchenware in France. Over the past years the company has been growing organically by leveraging its well established business relationships to French retail chains. Now it accelerates its expansion in the Belgian market through the takeover of the distributor […]
Pixmania – the French e-commerce retailer acquired by mutares AG (ISIN: DE000A0SMSH2) in 2013 – will be taken over by the strategic investor VDD SAS. VDD SAS is a French trading company, headquartered in Toulouse. Among others, VDD runs the well-known French online retailer Vente-Du-Diable.com. Pixmania is a French e-commerce company based in Paris, which […]
The mutares Group (ISIN: DE000A0SMSH2) increased its revenues to EUR 475.3m and its operative earnings (EBITDA) significantly to EUR 19.2m in the first nine months of 2015 thus reaching new record levels. In the first nine months of 2015, mutares increased its consolidated revenues by 6.0% to EUR 475.3m (2014: EUR 448.5m). All portfolio companies […]
STS Acoustics, a portfolio company of mutares AG (ISIN: DE000A0SMSH2) developing and producing acoustic components for the automotive industry, secures a major order with a contract volume of over EUR 60m for the new site in Poland. This achievement confirms again the successful strategy of mutares. STS Acoustics develops and produces innovative solutions for acoustic […]
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