Subsidiary Donges Group successfully completes acquisition of FDT Group

Third acquisition for the platform investment Donges Group FDT’s product portfolio includes flat roof solutions Bolt-on acquisition complements existing product portfolio of Donges complementary Munich/Darmstadt, March 25, 2019 – The Donges Group, a platform investment of Mutares AG (ISIN: DE000A2NB650) specializing in steel construction and high-quality roof and facade solutions, has successfully completed the acquisition […]

Mutares: Donges Group breaks EUR 230 million turnover mark with third add-on acquisition

Mutares accelerates growth of its portfolio company Donges Group Donges Group acquires Europe-wide active FDT Group Synergies and expansion of the product portfolio Donges Group grows to around EUR 230 million in annual turnover   Munich/Darmstadt, March 7, 2019 – The Donges Group, a platform investment of Mutares AG (ISIN: DE000A2NB650) specializing in steel construction […]

Mutares AG expands to Northern Europe: Subsidiary Donges Group with second add-on aquisiton

Mutares successfully starts into 2019 with its first acquisition in Northern Europe Subsidiary Donges Group acquires Finnish Normek Oy as a strategic add-on to its steel construction and façade solutions business Donges Group increases annual turnover to around EUR 180 million Synergies and further increasing profitability expected at Donges Group Munich/Darmstadt (Germany), February 28, 2019 […]

Mutares: Supervisory Board member Dr. Ulrich Hauck becomes member of the Management Board of STS Group AG

Member of the Supervisory Board of Mutares AG appointed to the Management Board of the largest portfolio company Appointment of Dr. Ulrich Hauck as CFO of STS Group AG as of April 1, 2019 Resignation from the Supervisory Board of Dr. Ulrich Hauck as of March 31, 2019 Decision on the future composition of the […]

Press: Mutares below Value

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Balcke-Dürr receives funding from the Federal Ministry of Labour and Social Affairs of Germany

EUR 1.5 million project explores digitized idea and work management Focus is the involvement of employees in the introduction of new technologies Supported by the Universities of Trier, Bremen and Duisburg-Essen Dusseldorf, 7 December 2018 – The Balcke-Dürr Group, a subsidiary of Mutares AG (ISIN: DE000A2NB650), is one of three companies participating in the DIAMANT […]

Mutares sells BSL Pipes & Fittings

Exit with positive purchase price Successful sale after holding period of three years Munich/Paris, 28 November 2018 – Mutares (ISIN: DE000A2NB650) has sold the portfolio company BSL Pipes & Fittings (BSL) to a Luxembourg investor. The parties have agreed not to disclose the positive purchase price. BSL, based in Soissons, France, has been a leading […]

Transaction-rich third quarter, Management Board confirms outlook for 2018

Group revenues in the third quarter at EUR 182.5 million (Q2/2018: EUR 238.1 million) Group EBITDA at EUR 5.4 million (Q2/2018: EUR 25.0 million) Adjusted EBITDA at EUR 6.3m and YTD 09/2018 at EUR 15.7 million (YTD 06/2018: EUR 9.3 million) Management Board targets for 2018 at least one further transaction Munich, November 22, 2018 […]

New platform Gemini Rail Group launches performance program

Knorr-Bremse RailServices UK and Kiepe Electric UK rebranded as Gemini Rail Group Gemini Rail Group starts off with already established position in the UK and Ireland Mutares’ operational experts and local management started to develop comprehensive performance improvement program Munich, November 14, 2018 – Following the successful completion of the acquisition of Knorr-Bremse RailServices UK […]