mutares makes an irrevocable offer to acquire Metsä Wood France

mutares AG (ISIN: DE000A0SMSH2) has made an irrevocable offer to acquire Metsä Wood France SAS from Metsäliitto Cooperative. Metsä Wood France is a wood upgrading company based in Honfleur and Boulleville, France, with 115 employees and a turnover of EUR 43m in 2014. Its distribution covers the whole French market serving a well-diversified customer base […]

With the acquisition of Grosbill, mutares forms a French champion in the European e-commerce market

mutares AG (ISIN: DE000A0SMSH2) has acquired Grosbill SA from Groupe Auchan. Joint forces with Pixmania will create one of Europe’s leading online retailers for consumer electronics. Grosbill SA (www.grosbill.com) is a French omni-channel distributor of consumer electronics with a special focus on IT products. In 2014, it generated sales of EUR 109m with 150 employees […]

mutares sells Suir Pharma Ireland

The Munich-based restructuring specialist mutares AG (ISIN: DE000A0SMSH2) has sold the pharmaceutical contract manufacturer Suir Pharma Ireland to the strategic investor Saneca Pharmaceuticals. With its second successful exit in 2015, mutares further streamlines its portfolio. Suir Pharma Ireland (SPI) was acquired in 2012 from German STADA Group. It operates as a Contract Manufacturing Organisation (CMO) […]

mutares makes an irrevocable offer to acquire Grosbill

mutares AG (ISIN: DE000A0SMSH2) has made an irrevocable offer to acquire 100% of the shares of Grosbill SA from Groupe Auchan. Grosbill SA (www.grosbill.com) is a leading omni-channel distributor specialized in IT products and consumer electronics in France. And thus serves the same market as the mutares portfolio company Pixmania. This irrevocable offer will be […]

mutares AG: AGM 2015 approves dividend payment of EUR 4.70 per share and capital increase from company funds

The annual general meeting of mutares AG (ISIN: DE000A0SMSH2), which took place in Munich on May 22, 2015, approved all resolutions proposed by the management with large majority. The dividend payment of EUR 4.70 per share and a capital increase from company funds (bonus issue) were approved. With an attendance of 87.9% of the share […]

mutares successfully closed the acquisition of Metsä Board Zanders

The Munich-based mutares Group (ISIN: DE000A0SMSH2) closed the acquisition of Metsä Board Zanders, following the approval of the antitrust authorities. While this acquisition forms an important milestone for the growth of the group, the transaction pipeline of mutares remains well filled. The German producer of premium paper is operating again under its previous name Zanders […]

mutares increased its revenues and operative earnings in the first quarter

The Munich-based mutares Group (ISIN: DE000A0SMSH2) increased its revenues to EUR 169.9m and its operative earnings significantly to EUR 4.2m in the first quarter. With dynamic M&A activities in the coming months, the management expects 2015 to be another record year. In Q1 2015, mutares increased its consolidated revenues by 4.4% to EUR 169.9m (Q1 […]

mutares acquires Metsä Board Zanders

The Munich-based restructuring specialist mutares AG (ISIN: DE000A0SMSH2) acquires the German paper mill Gohrsmühle from the Finnish paperboard producer Metsä Board. In 2014, the company generated sales of EUR 93m with around 480 employees. Gohrsmühle was founded in 1829 by Johann Wilhelm Zanders and became internationally renowned for its select range of high quality and […]

mutares portfolio: EUPEC secures major order in Kazakhstan

EUPEC, a subsidiary of mutares AG (ISIN: DE000A0SMSH2) specialised on coatings of oil and gas pipelines, managed to secure a major order in Kazakhstan of up to EUR 45m. EUPEC signed a frame agreement with the North Caspian Operating Company (NCOC) for up to 200 km of pipe coatings with a value of 45m EUR. […]