Mutares forms its subsidiary Donges SteelTec into a new platform with first add-on acquisition

The Donges SteelTec Group, a subsidiary of the Mutares Group (ISIN: DE000A0SMSH2), signs an agreement to acquire the Kalzip Group, a supplier of cladding solutions and aluminium roofing, from Tata Steel.<p> Donges sales to increase to more than EUR 100 million Complementation of the product range and engineering Know-how Opening up new geographical markets in […]

Annual General Meeting 2018 approves dividend of EUR 1.00 per share

The shareholders of Mutares AG (ISIN: DE000A0SMSH2) approved a dividend of EUR 1.00, the expansion of the Supervisory Board to five members and the conversion to registered shares. Dividend payout of EUR 1.00 approved Supervisory Board expansion from three to five members resolved Conversion to registered shares approved Deloitte confirmed as auditor for FY 2018 […]

Balcke-Dürr: Optimization through energetic restructuring

Handelsblatt, 25.06.2018 https://unternehmen.handelsblatt.com/energetische-sanierung.html

Subsidiary Zanders GmbH continues restructuring in self-management

Renovation plan to ensure paper manufacturer’s efficiency and existence / Company pensions and high raw material costs burden the growing company At the request of Zanders GmbH, the Cologne District Court today decided to reorganize the company under its own administration. A court-monitored remediation plan is to relieve the traditional paper manufacturer in Bergisch Gladbach […]

First quarter with revenue growth according to plan

The Mutares Group (ISIN: DE000A0SMSH2) generated total revenues of EUR 228.9 million and seasonally affected operating earnings (EBITDA) of EUR (3.4) million in the first quarter of 2018. The first quarter was dominated by the usual seasonal effect on the service business of the Engineering & Technology segment and preparations for the successful IPO of […]

Mutares publishes audited Group figures – Record revenues and earnings for FY2017

The Mutares Group (ISIN: DE000A0SMSH2) today published its annual report for the 2017 financial year. The year was characterized by the further development of the organization and brisk transaction activity with two extremely successful exits. The figures for the 2017 financial year and the 2016 reference year are reported for the first time on the […]

Successful placement of subsidiary STS Group AG

Not for release, publication or distribution, directly or indirectly, in or into the United States, Australia, Canada, Japan or any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. Issue price of EUR 24 per share leads to a volume of over EUR 55 million Gross proceeds for […]