Ad-hoc: Mutares makes a binding offer to acquire the truck supplier business of the Plastic Omnium Group

Disclosure of an inside information according to Article 17 MAR Mutares AG has made a binding offer to acquire the truck supplier business of the Plastic Omnium Group. The business division consists of five plants in France, two in China and respectively one plant in Germany and Mexico with more than 1,500 employees in total. […]

Mutares creates global truck supplier

Mutares AG (ISIN: DE000A0SMSH2) made a binding offer to acquire the truck supplying business of the Plastic Omnium Group. Mutares thus creates a world leading truck supplier for cabin components with a total turnover of approximately EUR 400m and 2,700 employees in 15 plants.

Mutares shows strong figures in Q3 2016

In the third quarter of 2016, the Mutares Group (ISIN: DE000A0SMSH2) generated revenues of EUR 159.3m and operating earnings (EBITDA) of EUR 4.2m. The management expects dynamic M&A activities in the coming three months.

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.