Mutares portfolio company F.lli Ferrari Holding has signed an agreement for the partial sale of its Benelux operations to HMF Group

• Disposal of the Netherlands distribution business to a strategic buyer
• Further streamlining of the Group’s footprint and sharper focus on proprietary crane platforms and core manufacturing activities
• Approximately EUR 35 million in revenues
• Closing expected in Q2 2026

Munich, May 29, 2026 – F.lli Ferrari Holding, ultimately owned by Mutares SE & Co. KGaA (ISIN: DE000A2NB650), has signed an agreement for the partial sale of its Netherlands distribution business to HMF Group. The transaction is expected to close in early June 2026 and remains subject to customary closing conditions.

The disposed business represents approximately EUR 35 million in revenues and employs around 50 people. The transaction forms part of the ongoing operational restructuring and industrial repositioning of F.lli Ferrari following its acquisition from Hyva/JOST.

F.lli Ferrari is a well-established manufacturer of truck-mounted cranes and lifting solutions with a strong industrial heritage and a broad international customer base. Since becoming part of Mutares, the company has initiated several operational and strategic measures aimed at streamlining its footprint, improving operational efficiency and sharpening its focus on core manufacturing activities. The transaction is fully aligned with the strategic rationale underpinning the original acquisition of F.lli Ferrari and represents an important step in the execution of the Group’s strategy to focus on its portfolio company’s core business and proprietary product portfolio.

Johannes Laumann, CIO of Mutares, comments: “The transaction allows the portfolio group to further streamline its footprint and strengthen its focus on internally produced crane platforms and proprietary brands, including F.lli Ferrari, Kennis and Amco Veba Marine. It also reflects our strategy of focusing on the core business and consistently executing the strategic rationale that formed part of the original acquisition. At the same time, the transaction strengthens F.lli Ferrari’s industrial positioning and supports the company’s next phase of operational development. As a strategic buyer with strong market expertise, HMF Group is well positioned to further develop the distribution activities in the Benelux region and support the next phase of growth of the business.”