Effective June 1, 2009 mutares AG, Munich, will acquire the Primera Group (http://www.primera.ag/) with the brands Laurèl (http://www.laurel.de/), apriori (http://www.apriori-fashion.de/) and cavita(http://www.cavita.de/) from ESCADA AG, Aschheim (Munich). While Laur?l is an established premium brand in the diffusion segment, the brands apriori and cavita target the bridge and medium segments. The brand BiBA is excluded from […]
mutares AG, Munich, acquired on April 24, 2009 all shares of SHH GmbH SystemHaus Hemminger (http://www.shhinfo.de/en/), a leading provider of geographical information systems for utility suppliers and big enterprises. Sellers are Stadtwerke Leipzig, founder and previous CEO Eberhardt Hemminger, as well as the regional utility suppliers Mark-E AG and Lister- und Lennekraftwerke GmbH. SHH, based […]
With the appointments of Sonja Reinhard and Michael Ohr, the mutares team has gained new traction to continue building its portfolio and implementing operational improvements in their investments. Upon completion of her MBA studies, *Sonja Reinhard* served in various positions in finance and controlling of small and medium sized enterprises for several years. In addition, […]
mutares AG buys Ledertech GmbH (http://www.ledertech.de/), located in Bopfingen, Germany. Ledertech produces and distributes leatherboard materials, which are used for the production of various products in the leather, automotive components, packaging and building materials industries. Exporting more than 90% of its sales, Ledertech is one of the leading global suppliers of leatherboard. The focus of […]
mutares AG buys the French Filtral SARL(http://www.filtral.fr/) from the Uvex-Group. Filtral SARL sells and distributes sunglasses under the brands Filtral, elite, Enfandises, Liberto, Polavision, Revlon, Scara, UV Sport und x-treme. The most important customers of Filtral SARL are almost all major French supermarket chains. Selling about 1,3 million sunglasses annually, the company has a 30% […]
The IPO prospectus of mutares AG has been approved by the German supervisory council for financial services (BAFIN) according to the German IPO-law (WpPG, §13 Sec.
The shares of mutares AG are being listed for the first time in the Open Market segment of the Frankfurt stock exchange (symbol: mux, ISIN DE00A0SMH2).
The board and the preliminary insolvency administrator of Escada AG, Dr. Christian Gerloff, will not proceed with the closing of the purchase agreement for the Primera group. The board decided to withdraw from the contract it had originally signed with mutares AG on May 25, 2009. Together with the teams in Munich and Münster mutares […]