Mutares plans to grow its automotive business

Mutares has made an irrevocable offer to acquire two French plants of the Mecaplast Group. The two plants generate revenues of EUR 70m by producing interior and exterior parts for trucks. The acquisition would be a perfect add-on for STS, a portfolio company of Mutares .

Mutares positions itself for future development

The Mutares Group closed the first half of 2016 with stable revenues and a reduced profitability due to one-off effects. A strong focus was put on establishing the required organization structure as a basis for further growth of the group. The new segmentation of the portfolio sharpens Mutares’ profile and the investment focus.

Mutares portfolio: Artmadis acquires JD Diffusion and Excédence

Artmadis, a portfolio company of Mutares AG (ISIN: DE000A0SMSH2), is the leading distributor for tableware and kitchenware in France. After the successful takeover of the Belgian distributor Verbeelen, Artmadis has made two further add-on acquisitions leading the company to a post-merger sales level of more than EUR 100m.

AGM 2016 approves dividend payment of EUR 0.60 per share

The annual general meeting of Mutares AG (ISIN: DE000A0SMSH2), which took place in Munich on June 03, 2016, approved all resolutions proposed by the management with large majority. The dividend payment of EUR 0.60 per share was approved.

Mutares acquires Sonoco Paper France

Mutares AG (ISIN: DE000A0SMSH2) acquires the French core board manufacturer Sonoco Paper France from Sonoco Products Company. In 2015, the company generated a turnover of EUR 32m with 73 employees.

Mutares increases again profitability in the first quarter 2016

The Mutares Group (ISIN: DE000A0SMSH2) increased its operating earnings (EBITDA) to EUR 4.4m by generating revenues of EUR 152.8m in the first quarter. The management expects 2016 to be another record year driven by dynamic M&A activities in the coming months. In Q1 2016, the Mutares Group generated revenues of EUR 152.8m (Q1 2015: EUR […]

Mutares achieved record results in FY 2015 and proposes a dividend of EUR 0.60 per share

Today, the Mutares Group (ISIN: DE000A0SMSH2) published its Annual Report for FY 2015. The group achieved again record levels in its consolidated revenues, operating earnings, cash and equity position, and NAV. The Executive Board and Supervisory Board want their shareholders to participate in the great success of the company by proposing a dividend payment of […]

Mutares portfolio: Artmadis expands into Belgium

Artmadis, a portfolio company of mutares AG (ISIN: DE000A0SMSH2), is the leading distributor for tableware and kitchenware in France. Over the past years the company has been growing organically by leveraging its well established business relationships to French retail chains. Now it accelerates its expansion in the Belgian market through the takeover of the distributor […]