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 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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
Today, the mutares Group (ISIN: DE000A0SMSH2) published its Annual Report for the record year 2014. The Executive Board and Supervisory Board want their shareholders to participate in the great success of the company by proposing a dividend payment of EUR 4.70 per share. The mutares Group ended FY 2014 with record consolidated revenues and operating […]
The Munich-based mutares Group (ISIN: DE000A0SMSH2) closed FY 2014 with record high preliminary consolidated revenues and operating earnings, and an unprecedented cash and equity position. According to preliminary consolidated figures (unaudited), mutares Group increased its revenues by 86.7% in FY 2014 to the record level of EUR 648.1m (2013: EUR 347.0m). Primary drivers were the […]
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