Ad-hoc: Change in the Management Board

Disclosure of an inside information according to Article 17 MAR

Ad-hoc: Change in the Management Board

Disclosure of an inside information according to Article 17 MAR

Mutares AG: Inclusion in newly launched index Scale30 of Deutsche Börse

Mutares AG (ISIN: DE000A0SMSH2) has been included in the German Stock Exchange’s new selection index Scale 30. The company has qualified for inclusion as one of the most liquid securities in the scale segment on the Xetra and Frankfurt stock exchanges. As early as 2017, Mutares was a founding member of the Scale segment for […]

Mutares Italy signs first transaction with add-on acquisition for Balcke-Dürr Group

Mutares (ISIN: DE000A0SMSH2) subsidiary Balcke-Dürr Group signs an agreement to purchase Heat Transfer Product (HTP) Division of STF (“STF”) The strategic add-on acquisition broadens the product range and enhances the engineering know-how It will lead to an increased market share in the conventional and nuclear power sector The transaction is subject to approval of the […]

Mutares adopts International Financial Reporting Standards (IFRS)

Mutares (ISIN: DE000A0SMSH2) wants to provide its shareholders with even greater transparency and adapts its reporting framework to the Group’s increasing internationalization. For this reason, the Group has decided to convert its financial reporting to IFRS (International Financial Reporting Standards) as of the financial year 2017. The consolidated financial statements for the fiscal year 2017 […]

Mutares sells A+F Automation+Fördertechnik

Mutares (ISIN: DE000A0SMSH2) sells German A+F Automation+Fördertechnik after successful turnaround to fund of industry partner CGS For more than 40 years, A+F is a leading manufacturer of high end and end-of-line packaging machines, based in Kirchlengern (Germany). Mutares has sold the company to a fund of industry partner CGS for a money multiple of 8.5 […]

Ad-hoc: Mutares sells A+F Automation+Fördertechnik

Disclosure of an inside information according to Article 17 MAR

Ad-hoc: Mutares sells A+F Automation+Fördertechnik

Disclosure of an inside information according to Article 17 MAR

Mutares continues growth track

The Mutares Group (ISIN: DE000A0SMSH2) continued its growth track in the first nine months of 2017. The Group’s revenues increased significantly by 42 percent to EUR 668.6m and its operating earnings (EBITDA) rose by 75 percent to EUR 17.9m. The strong results are reflected by a further increase of NAV to EUR 322.0m. During the […]

Mutares acquires Donges Steeltec

Mutares (ISIN: DE000A0SMSH2) has acquired Donges Steeltec, one of Germany’s leading steel construction companies, from Mitsubishi Hitachi Power Systems Europe. Donges generates a turnover of EUR 36m with 200 employees. The business provides significant synergies with Balcke-Dürr, Mutares’ manufacturer of power plant components. Mutares has acquired Donges Steeltec from Mitsubishi Hitachi Power Systems Europe. Donges […]