mutares acquires Metsä Board Zanders

The Munich-based restructuring specialist mutares AG (ISIN: DE000A0SMSH2) acquires the German paper mill Gohrsmühle from the Finnish paperboard producer Metsä Board. In 2014, the company generated sales of EUR 93m with around 480 employees. Gohrsmühle was founded in 1829 by Johann Wilhelm Zanders and became internationally renowned for its select range of high quality and […]

mutares portfolio: EUPEC secures major order in Kazakhstan

EUPEC, a subsidiary of mutares AG (ISIN: DE000A0SMSH2) specialised on coatings of oil and gas pipelines, managed to secure a major order in Kazakhstan of up to EUR 45m. EUPEC signed a frame agreement with the North Caspian Operating Company (NCOC) for up to 200 km of pipe coatings with a value of 45m EUR. […]

mutares confirms record results and proposes a dividend of EUR 4.70 per share

Today, the mutares Group (ISIN: DE000A0SMSH2) published its Annual Report for the record year 2014. The Executive Board and Supervisory Board want their shareholders to participate in the great success of the company by proposing a dividend payment of EUR 4.70 per share. The mutares Group ended FY 2014 with record consolidated revenues and operating […]

mutares announces preliminary consolidated figures for record year 2014

The Munich-based mutares Group (ISIN: DE000A0SMSH2) closed FY 2014 with record high preliminary consolidated revenues and operating earnings, and an unprecedented cash and equity position. According to preliminary consolidated figures (unaudited), mutares Group increased its revenues by 86.7% in FY 2014 to the record level of EUR 648.1m (2013: EUR 347.0m). Primary drivers were the […]

mutares appoints Mark Friedrich to the executive board

The Supervisory Board of mutares AG (ISIN: DE000A0SMSH2) appoints Mark Friedrich as a member of the Executive Board, effective as of April 1, 2015. Mr. Friedrich will take responsibility for finance and administration. Mark Friedrich has worked for mutares as the Head of Finance since 2012. Prior to his work at mutares, Mark Friedrich followed […]

mutares portfolio: PIXmania makes add-on acquisition in Spain

PIXmania, a leading European e-tailer in the portfolio of mutares AG (ISIN: DE00A0SMSH2), acquires OFERTON, the Spanish specialist in live-shopping. The aim of the acquisition is to further strengthen the company’s position in Spain as well as to realize synergies in the refurbished goods sector. OFERTON (www.oooferton.es) is the first live-shopping provider in Spain trading […]

mutares opens new office in Paris

The Munich-based restructuring specialist mutares AG (ISIN: DE000A0SMSH2) opens a new office in Paris. Two French M&A professionals will strengthen the activities in France. Mutares AG has founded a subsidiary in France to further strengthen its French M&A activities. The French M&A team, based in a new office in Paris, will work closely with the […]

mutares AG announces share buy-back

The executive board of the Munich based restructuring specialist mutares AG (ISIN: DE000A0SMSH2) decided, in line with § 71 Abs. 1 Nr. 8 AktG and the decision of the annual general meeting on March 19th 2010, to exercise its right to launch a share buy-back. The executive board views the current share price to be […]

mutares portfolio: EUPEC expects sales to increase by more than 70% in 2014 and manages to secure a major new order

EUPEC, a subsidiary of mutares AG (ISIN: DE000A0SMSH2) specialised on coatings of oil and gas pipelines, expects sales to increase by more than 70% in the year to 31 December 2014. The company also managed to secure a major order in Nigeria. Projects have been managed with significant profitability. The order pipeline for 2015/2016 looks […]