Fifth exit in 2023: Mutares has signed an agreement to sell Special Melted Products to Cogne Acciai Speciali for an enterprise value of approximately EUR 180 million

  • Expected fifth exit in the current year
  • Transaction expected to close in Q2 2023
  • Cogne Acciai Speciali to strengthen its market position with SMP business
  • Successful implementation of full-scope turnaround in very short period
  • Transaction will mark significant exit for Mutares starting to harvest the growth path of the last 3 years
  • Net proceeds of up to EUR 150 million expected
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Mutares has signed an agreement to sell Special Melted Products

Publication of inside information pursuant to Article 17 MAR of Regulation (EU) No. 596/2014   NOT FOR PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER COUNTRY IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT DISCLAIMER AT THE END OF THIS ANNOUNCEMENT. […]

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Successful integration of NEM Energy and Balcke-Dürr to one Group to materialize synergies

  • Successful integration of NEM Energy and Balcke-Dürr
  • “NEM Energy Group” with revenues of approx. EUR 340 million
  • Strengthening of the product and service portfolio and realization of synergies
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Mutares has successfully completed the majority acquisition of BEW-Umformtechnik from Marigold Capital

  • Add-on acquisition for Metals Group to strengthen the Automotive & Mobility segment
  • Revenues of approx. EUR 55 million
  • Forged parts manufacturer
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Mutares publishes annual report 2022 and records renewed growth: Mutares Holding’s net income rises to record level of EUR 72.9 million in 2022 and is expected to continue to grow strongly in 2023

  • Mutares Holding’s revenues from consulting services and management fees increase to EUR 71.1 million (previous year: EUR 50.5 million)
  • Net income of Mutares Holding for the financial year 2022 of EUR 72.9 million (previous year: EUR 50.7 million) within the expected range
  • Resilient business model secures net income even in uncertain times
  • Stable base dividend of EUR 1.00 per share planned (previous year: EUR 1.00), additional performance dividend of up to EUR 1.00 per share (previous year: EUR 0.50) dependent on further exit proceeds up to the Annual General Meeting
  • Group revenues rise to EUR 3.8 billion (previous year: EUR 2.5 billion), Group EBITDA at EUR 181.5 million (previous year: EUR 566.5 million)
  • Forecast for the financial year 2023: the Management Board expects net income of the Mutares Holding in the range of EUR 92 million to EUR 112 million on consolidated Group revenues of EUR 4.8 billion to EUR 5.4 billion
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Mutares SE & Co. KGaA: Net income for financial year 2022 increases by 44% to EUR 72.9 million and is expected to continue to grow strongly in 2023

  • Mutares Holding’s revenues from consulting services and management fees increase to EUR 71.1 million (previous year: EUR 50.5 million)
  • Net income of Mutares Holding for the financial year 2022 of EUR 72.9 million (previous year: EUR 50.7 million) within the expected range
  • Resilient business model secures net income even in uncertain times
  • Stable base dividend of EUR 1.00 per share planned (previous year: EUR 1.00), additional performance dividend of up to EUR 1.00 per share (previous year: EUR 0.50) dependent on further exit proceeds up to the Annual General Meeting
  • Group revenues rise to EUR 3.8 billion (previous year: EUR 2.5 billion), Group EBITDA at EUR 181.5 million (previous year: EUR 566.5 million)
  • Forecast for the financial year 2023: the Management Board expects net income of the Mutares Holding in the range of EUR 92 million to EUR 112 million on consolidated Group revenues of EUR 4.8 billion to EUR 5.4 billion
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Mutares SE & Co. KGaA plans to distribute a base dividend of EUR 1.00 per share; additional performance dividend of up to EUR 1.00 per share dependent on exit proceeds up to Annual General Meeting

NOT FOR PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER COUNTRY IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL   Mutares SE & Co. KGaA plans to distribute a base dividend of EUR 1.00 per share; additional performance dividend of up to EUR 1.00 per […]

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Creditors of Walor International agree to the takeover terms proposed by Mutares

  • Another important milestone under the exclusive negotiation period towards a potential transaction realisation in Q2 2023 has been reached
  • Acquisition of Walor International would be the cornerstone of the consolidation activities of Mutares in the production of forged and machined metal parts in Europe
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Mutares successfully placed EUR 100 million of the New Bond 2023/2027 and redeems the existing bond 2020/2024 ahead of schedule

  • Senior secured bond 2023/2027 with a volume of EUR 100 million placed
  • Interest coupon in the amount of the 3-months EURIBOR plus a margin of 8.5% p.a.
  • Early refinancing of bond 2020/2024
  • Increasing financial flexibility for further portfolio diversification
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Mutares successfully places a new EUR 100 million senior secured floating rate bond and redeems its existing EUR 80 million senior secured bond early

Disclosure of an inside information pursuant to Article 17 of the Regulation (EU) No 596/2014 (MAR) NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, INTO OR IN THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER COUNTRY IN WHICH SUCH DISTRIBUTION OR PUBLICATION MAY BE UNLAWFUL. FURTHER RESTRICTIONS APPLY. PLEASE SEE THE IMPORTANT […]

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