Mutares sells EUPEC Germany
Mutares AG (ISIN: DE000A0SMSH2) has sold EUPEC Germany to the Wasco Group for EUR 19.5m. The operating business of EUPEC France remains within the Mutares Group.
Mutares intends to acquire Aperam Stainless Services & Solutions Tubes Europe
Mutares AG (ISIN: DE000A0SMSH2) has made a binding offer to acquire Aperam’s stainless steel welded tubes business located in Ancerville and Annecy, France. In 2015, the company generated revenues of EUR 67m. It would be a perfect add-on to BSL, Mutares’ French manufacturer of pipes and fittings.
Mutares completes the acquisition of Balcke-Dürr
Mutares AG (ISIN: DE000A0SMSH2) has completed the acquisition of the international equipment manufacturer Balcke-Dürr from SPX Corporation.
Mutares signs APA with Mecaplast
Mutares AG (ISIN: DE000A0SMSH2) has signed an APA to acquire two French plants of the Mecaplast Group. The two plants generate revenues of EUR 70m by producing interior and exterior parts for trucks. Together with the acquisition of Plastic Omnium’s truck business, Mutares creates a world leading truck supplier for cabin components with a total […]
Mutares strengthens its engineering & technology segment
Mutares AG (ISIN: DE000A0SMSH2) acquires the international equipment manufacturer Balcke-Dürr from SPX Corporation. In 2015, the company generated revenues of EUR 142m with 650 employees. Mutares intends to further invest in its engineering & technology segment.
Mutares creates global truck supplier
Mutares AG (ISIN: DE000A0SMSH2) made a binding offer to acquire the truck supplying business of the Plastic Omnium Group. Mutares thus creates a world leading truck supplier for cabin components with a total turnover of approximately EUR 400m and 2,700 employees in 15 plants.
Mutares shows strong figures in Q3 2016
In the third quarter of 2016, the Mutares Group (ISIN: DE000A0SMSH2) generated revenues of EUR 159.3m and operating earnings (EBITDA) of EUR 4.2m. The management expects dynamic M&A activities in the coming three months.
Mutares plans to grow its automotive business
Mutares has made an irrevocable offer to acquire two French plants of the Mecaplast Group. The two plants generate revenues of EUR 70m by producing interior and exterior parts for trucks. The acquisition would be a perfect add-on for STS, a portfolio company of Mutares .
Mutares positions itself for future development
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.
Mutares portfolio: Artmadis acquires JD Diffusion and Excédence
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.