Eleventh acquisition in 2024: Mutares has successfully completed the acquisition of Wilda Transport och Entreprenad AB and NU Entreprenad AB from Wilton Invest AB
- Providers of construction goods transportation, winter and summer operations, small construction works, and traffic safety services in Sweden
- New add-on investment to strengthen Terranor AB
- Revenues of approx. EUR 10 million (approx. SEK 120 million) in 2023
Munich, July 11, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Wilda Transport och Entreprenad AB and NU Entreprenad AB from Wilton Invest AB. The company will strengthen Terranor Group as a new add-on investment and the Goods & Services segment of Mutares.
The acquired truck companies are specialists in transporting construction goods and equipment, winter and summer road operations as well as traffic safety support and primarily serve general contractors for road operations as customers. Both companies generated revenues of approx. EUR 10 million in 2023 with significant growth potential in all segments.
Robin Laik, CEO of Mutares, comments: “With this strategic add-on acquisition, the Terranor Group leverages the successes, particularly in Sweden, to accelerate the ambitious diversification strategy. This add-on represents another step towards integration of the upstream supply chain. Adding the vast synergy potential of Mutares’ presence in Sweden, we are positioned to solidify our market position as a Swedish leader in the state road operations and maintenance segment.”