Mutares SE & Co. KGaA: new medium-term targets for 2028 – growth to EUR 10 billion in consolidated revenues planned

  • New medium-term Group revenue target for 2028 of EUR 10.0 billion and EUR 200 million net income target for Mutares Holding
  • Expansion into China and the USA opens up new, attractive growth opportunities
  • Growth-oriented dividend strategy reaffirmed with minimum dividend of currently EUR 2.00 per share

Ninth acquisition in 2023: Mutares has submitted an irrevocable proposal for a majority investment in Sofinter (currently participated by Gammon Group) – significant synergies in NEM Energy Group expected

  • Leading global provider of industrial and utility boilers with a strong positioning in the Heat Recovery Steam Generation (HRSG) segment
  • Revenues of over EUR 250 million expected within the end of 2023
  • Transaction to leverage significant synergies within the NEM Energy Group

Eighth acquisition in 2023: Mutares has successfully completed the acquisition of the assets of Holland Industrial Construction Systems Coöperatief U.A. and its subsidiaries (‘Byldis’)

  • New platform investment to strengthen the Engineering & Technology segment
  • Byldis designs, manufactures and installs prefabricated/ off-site produced building structure components for high- and mid-rise buildings in the European and United Kingdom construction markets
  • Revenues of ca. EUR 120 million

Mutares updates dividend strategy: minimum dividend of EUR 2.00 per share per fiscal year

Munich, September 22, 2023 – Against the backdrop of a gratifying business development for years, which is characterized by a sustainable and continuous revenue and earnings growth of the Mutares Group, and on the occasion of the recently completed largest exit in Mutares’ corporate history, the Management Board of Mutares Management SE, which manages the […]

Mutares has successfully sold its portfolio company Special Melted Products Ltd. to Cogne Acciai Speciali S.p.A.

  • Most successful exit in the Company’s history
  • Proceeds for the Mutares Holding of ca. EUR 150 million

Seventh acquisition in 2023: Mutares has sent an irrevocable offer to acquire SRT Group

  • New platform acquisition for the Goods & Services segment
  • Generated revenues over EUR 400 million in 2022
  • Provider of urban on-demand delivery services for food, grocery, and retail players

Sixth exit in 2023: Mutares has sold SABO-Maschinenfabrik GmbH to SABO Holding GmbH

Munich, September 13, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has sold SABO-Maschinenfabrik GmbH to SABO Holding GmbH. SABO-Maschinenfabrik GmbH is one of the leading brands of high-quality lawn mowers and garden care products for private and commercial customers in Europe. Since 1932, the company has been producing in Gummersbach, Germany. After the […]

Mutares positions newly formed FerrAl United Group as global automotive supplier

  • FerrAl United acts as new holding company for the global business of supplying castings and forgings within the Mutares portfolio
  • Global player with more than EUR 1 billion in revenues and 5,000 employees at approx. 25 locations worldwide planned
  • Significant synergy potential at customer and cost level

Mutares has successfully completed the acquisition of SELZER Group from INDUS

  • Add-on acquisition to strengthen the FerrAl United Group
  • Supplier of ready-to-install metallic components and assemblies for the automotive industry & industrial applications
  • Revenues of ca. EUR 130 million planned for 2025

Mutares has successfully completed the acquisition of Recover Nordic Oy from Recover Group

  • New platform investment for the Goods & Services segment
  • Provider of property remediation services
  • Wide market coverage with 19 branches in Finland