Mutares has completed the acquisition of Serneke Sverige from Serneke Group

  • Strengthening the Nordic presence and supporting Mutares Growth targets
  • New platform investment to strengthen the Engineering & Technology segment
  • Revenues of approx. EUR 700 million (approx. SEK 7.9 billion) in 2023
  • Fourth largest general contractor in Sweden

Sixteenth acquisition in 2024: Mutares signed an agreement to acquire VR Road Logistics from VR Group

  • Further strengthening Mutares’ presence in Finland after recent successful acquisition of Palmia and Redo
  • New platform investment for the Goods & Services segment
  • Revenues of ca. EUR 80 million in 2023
  • Provider of road logistics services
  • Wide service coverage in Finland with a focus on industrial customers

Mutares increases consolidated revenues by 14% in the first nine months

  • Revenues from consulting services and management fees of Mutares Holding grow by 12% to EUR 84.3 million in the first nine months of 2024 (previous year: EUR 75.5 million)
  • Net income of Mutares Holding reaches EUR 53.5 million after the first nine months of 2024 (previous year: EUR 101.3 million) despite one-off expenses for the bond increase
  • Group revenues increase by 14% to EUR 3,892.8 million (previous year: EUR 3,402.5 million); Adjusted EBITDA at EUR -16.5 million (previous year: EUR 19.4 million)
  • New bond placed with investors for further growth and international expansion
  • Successful IPO of defense subsidiary Steyr Motors in October

Fifteenth acquisition in 2024: Mutares has signed an agreement to acquire Natura sp. z o.o. from Pelion S.A.

  • New platform investment to strengthen the Retail & Food segment
  • One of the leading beauty retailers in Poland
  • EUR 100 million in revenues in FY 2023

Sixth exit in 2024: Mutares successfully takes Steyr Motors public

  • Listing of Steyr Motors in the Scale segment of the Frankfurt Stock Exchange
  • Globally leading specialist for tailor-made engines in mission-critical special defense and civil applications1 with an international customer base
  • 60% of revenue2 from defense applications
  • Successful turnaround under Mutares’ leadership with an adjusted EBIT3 margin of 24% in the first nine months of 2024
  • Mutares sells 21% stake in the company and remains majority shareholder with 70.9% ownership

Fourteenth acquisition in 2024: Mutares has signed an agreement to acquire the assets of S.M.A. Metalltechnik GmbH & Co. KG and its subsidiaries

  • New add-on investment to strengthen the SFC Group
  • Leading manufacturer of highly impermeable aluminium pipes
  • Expected revenues in 2025 of ca. EUR 160 million

Thirteenth acquisition in 2024: Mutares has signed an agreement to acquire the business of Buderus Edelstahl GmbH from the voestalpine AG

  • New platform investment to strengthen the Engineering & Technology segment
  • Renowned German manufacturer of high-quality special steels
  • EUR 360 million in revenues generated in the fiscal year 2023/2024
  • Total assets of approx. EUR 200 million transferred

Twelfth acquisition in 2024: Mutares submits a binding offer to acquire Alcura France from Alliance Healthcare Group France

  • Expected twelfth acquisition in 2024 to strengthen the goods & services segment of Mutares
  • Distribution and rental of home care equipment and solutions in France
  • Close to EUR 100 million in expected revenues for 2025

Fifth exit in 2024: Mutares has signed an agreement to sell MobiLitas to Saniva for a purchase price in the single-digit million range

Munich, October 1, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to sell MobiLitas to Saniva, a local successful entrepreneur, for an equity purchase price in the single million digit range. After the successful repositioning of MobiLitas, Mutares is now focusing on the core business of GoCollective in Denmark, which […]

Mutares expects strong Q4 2024 with high M&A activity

Munich, October 1, 2024 – At the start of the fourth quarter of 2024, Mutares SE & Co. KGaA is on track to achieve the goals formulated as part of its stated strategy. An above-average development is expected in Q4, particularly in the Segments of Engineering & Technology, Goods & Services, and Retail & Food, […]