Capital increase successfully placed – Gross proceeds of approximately EUR 25 Mio.

mutares AG (ISIN: DE000A0SMSH2) has successfully placed the cash capital increase announced on 09. May 2014 in the planned amount of 311.962 shares on the market. As part of the capital measure the company’s free float increases to around 40 percent. Thereby mutares underlines its strategic repositioning on the market as well as the objective […]

mutares AG moves to the Entry Standard and sets subscription price for the capital increase

mutares AG (DE000A0SMSH2) will be included in the Entry Standard of the Frankfurt stock exchange with a share capital of EUR 2,027,760.00 effective from May 14, 2014. The corresponding prospectus was approved today. The subscription price of the capital issue was set at EUR 80.00. The announced move from the Open Market of the Berlin […]

mutares AG – shareholders profit from successful financial year 2013

The financial year 2013 was again very successful for mutares AG (ISIN: DE000A0SMSH2). The driving force behind the positive result of the company was the divestment of HIB Group. At the Annual General Meeting of May 09, 2014 the financial statements 2013 of the company were presented and the payment of a dividend of EUR […]

mutares AG – capital increase approved

mutares AG (ISIN: DE000A0SMSH2) approves a capital increase with subscription rights for up to 311,962 new shares. Upon approval of the supervisory board, the board of directors has decided to increase the share capital of the company by up to EUR 311,962.00 to an amount up to EUR 2,339,722.00. This will be achieved by issuing […]

mutares AG – planned strategic repositioning on the capital market proceeds

mutares AG (ISIN DE000A0SMSH2) successfully completes 1st phase of enlarging the free float. The transition into the Entry Standard of the Frankfurt Stock Exchange is being prepared. Due to widespread demand from international investors, the founders and their families have decided to contribute to the expansion of the free float by placing 420.000 shares. The […]

PIXmania appoints Luis Krug as new CEO

PIXmania, the company with the highest turnover within the portfolio of mutares AG (ISIN DE000A0SMSH2), appoints Luis Krug as new CEO. Luis Krug has an outstanding experience in the e-commerce business being responsible for the success of large e-commerce companies such as Redcoon and BuyVIP. PIXmania appoints Luis Krug as new CEO by April 1, […]

mutares announces its consolidated results for the record year 2013

The fiscal year 2013 was once again a record year for mutares with considerable growth in sales and earnings. The basis for this growth was the successful operational development of the portfolio and in particular the largest and most profitable exit from a portfolio company in the group’s history. The shareholders of mutares should benefit […]

mutares AG plans strategic repositioning in the capital market

Following the company’s strong growth in recent years, mutares AG intends to realign its capital market strategy. As part of this, mutares AG is considering a change to the Entry Standard of the Frankfurt Stock Exchange and to broaden its free float. mutares AG has experienced significant growth in recent years, following a number of […]

mutares closes PIXmania acquisition

On December 31st 2013, mutares completed the acquisition of PIXmania S.A.S and of all its subsidiaries from Dixons Retail plc. Following the signing of the Sale & Purchase Agreement on September 26th, all closing conditions have been fulfilled. PIXmania generated a turnover of € 446m during the fiscal year 2013 and employs close to 900 […]

Agreement with Dixons Retail for the acquisition of PIXmania signed

mutares AG (“mutares”), and Dixons Retail, Europe’s leading specialist electrical multi-channel retailing and services company, announce that, having completed consultations with the relevant works councils, both companies have now signed the agreement for the sale of PIXmania S.A.S to mutares A.G, a German listed industrial holding company. As part of its purchase of PIXmania, mutares […]