Based on successful turn-around activities and on the expansion of its portfolio, the mutares group has achieved a significant growth in revenues and earnings in the fiscal year 2010-11. During the period from April 1, 2010, to March 31, 2011, the turnover has doubled to € 127.6 million (previous year € 60.7 million) with a […]
mutares AG, Munich, acquires the Belgian kitchen furniture manufacturer Rubbens EGC from the leading foodservice equipment manufacturer Ali Group, Italy. Rubbens EGC offers professional customized kitchen equipment for restaurants, canteens and caterers. The company employs a staff of 73 at its two sites in Kruibeke and Stavelot. Given its 90-years experience as an established supplier, […]
mutares AG, Munich, acquires the Decorative business of the HUBER Packaging Group GmbH, Oehringen/Germany. HUBER Decorative Packaging GmbH & Co. KG designs and manufactures high-end, tin-based packaging solutions for renowned consumer brands and retailers from various industries. Located in Landshut near Munich the company occupies 135 employees. The business for decorative metal packaging does not […]
Due to the further development of its portfolio mutares AG has increased revenues and profits in the fiscal year 2009/10 significantly. In the year ending March 31, 2010, group total output has reached € 78.7 mill. with operating profits (EBIT) of € 6.1 mill. To support its growing business mutares has extended its executive board […]
mutares AG, Munich, sold its portfolio company Ledertech GmbH by a management buy-in to Mr. Gheoghe Chelu. Ledertech, based in Bopfingen (Germany), is a leading provider of leatherboard material for the global shoe and leather goods industry. In its plant in Bopfingen Ledertech occupies 50 employees. Mr. Chelu intends to continue and further develop the […]
mutares AG, Munich, acquires all assets and takes over all employees of the French company LeBed SAS from the Recticel Group (Brussels, Belgium), effective July 1st. LeBed designs, manufactures and distributes slatted frames for beds in Western Europe. The company occupies 67 employees at its Masevaux plant near Mulhouse, France. With this transaction the Recticel […]
mutares AG, Munich, sold its portfolio company SHH GmbH SystemHaus Hemminger to the Japanese investor ABC Shokai. Being a strategic investor ABC Shokai has a broad international contact network to many utility companies, the most important customers of SHH. Munich, June 14, 2010 mutares AG, Munich, sold its portfolio company SHH GmbH SystemHaus Hemminger to […]
mutares acquires the business unit “Decorative Design” including all its sites and employees. Dräxlmaier Group refocuses on its core business. Vilsbiburg/Bruchsal, 02/19/2010 – mutares AG, Munich, acquires Dräxlmaier Group’s Decorative Design activities (DDD) with effect as of March 1st, 2010. Decorative Design develops, manufactures and distributes trim parts for the interior of passenger cars. The […]
mutares AG, Munich, acquires Fertigungstechnik Weißenfels GmbH (FTW) from the Römheld Group, Laubach. FTW designs, manufactures and distributes NC-controlled rotary tables for the machine-tool industry. The company occupies 90 employees at its plant in Weißenfels near Leipzig. With this transaction the Römheld group intends to strengthen the focus on its core business. Among FTW’s customers […]
Today, mutares AG, Munich, acquires Diehl Elastomertechnik GmbH and its subsidiaries from the Diehl Group, Nürnberg. Diehl Elastomer designs, manufactures and distributes rubber components mainly for the automotive industry and occupies 200 employees at locations in Germany, Portugal and Slovakia. With this transaction the Diehl Group intends to focus more on its core business. Diehl […]
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