mutares acquires A+F, a leading manufacturer of final packaging solutions

mutares AG (ISIN: DE000A0SMSH2) today announced the acquisition of A+F Automation + Fördertechnik GmbH (“A+F”) from the OYSTAR Group. A+F is a leading manufacturer of end-of-line packaging solutions. The company is based in Kirchlengern, Germany. With 179 employees, A+F generated sales of around EUR 30 million in 2013. With a wide range of fully automated […]

mutares confirms half-year figures at record level and publishes half-year report

Today, mutares AG (ISIN: DE000A0SMSH2) publishes its half-year report. In H1 2014, total group revenues increased by 111% to EUR 307.5m compared to the reference period (H1 2013: EUR 145.8m). EBITDA increased by 55% to EUR 10.4m (H1 2013: EUR 6.8m). At least one additional acquisition is planned for the second half of the financial […]

mutares AG – Preliminary half-year group figures at record level

In H1 2014, mutares AG (ISIN: DE000A0SMSH2) increased its total group revenues compared to the reference period by 111% to a record level of EUR 307.5m (H1 2013: EUR 145.8m). EBITDA increased in the reporting period by 55% to EUR 10.4m (H1 2013: EUR 6.7m). The Munich based restructuring specialist mutares, listed in the Entry […]

Capital increase successfully placed – Gross proceeds of approximately EUR 25 Mio.

mutares AG (ISIN: DE000A0SMSH2) has successfully placed the cash capital increase announced on 09. May 2014 in the planned amount of 311.962 shares on the market. As part of the capital measure the company’s free float increases to around 40 percent. Thereby mutares underlines its strategic repositioning on the market as well as the objective […]

mutares AG moves to the Entry Standard and sets subscription price for the capital increase

mutares AG (DE000A0SMSH2) will be included in the Entry Standard of the Frankfurt stock exchange with a share capital of EUR 2,027,760.00 effective from May 14, 2014. The corresponding prospectus was approved today. The subscription price of the capital issue was set at EUR 80.00. The announced move from the Open Market of the Berlin […]

mutares AG – shareholders profit from successful financial year 2013

The financial year 2013 was again very successful for mutares AG (ISIN: DE000A0SMSH2). The driving force behind the positive result of the company was the divestment of HIB Group. At the Annual General Meeting of May 09, 2014 the financial statements 2013 of the company were presented and the payment of a dividend of EUR […]

mutares AG – capital increase approved

mutares AG (ISIN: DE000A0SMSH2) approves a capital increase with subscription rights for up to 311,962 new shares. Upon approval of the supervisory board, the board of directors has decided to increase the share capital of the company by up to EUR 311,962.00 to an amount up to EUR 2,339,722.00. This will be achieved by issuing […]

mutares AG – planned strategic repositioning on the capital market proceeds

mutares AG (ISIN DE000A0SMSH2) successfully completes 1st phase of enlarging the free float. The transition into the Entry Standard of the Frankfurt Stock Exchange is being prepared. Due to widespread demand from international investors, the founders and their families have decided to contribute to the expansion of the free float by placing 420.000 shares. The […]

PIXmania appoints Luis Krug as new CEO

PIXmania, the company with the highest turnover within the portfolio of mutares AG (ISIN DE000A0SMSH2), appoints Luis Krug as new CEO. Luis Krug has an outstanding experience in the e-commerce business being responsible for the success of large e-commerce companies such as Redcoon and BuyVIP. PIXmania appoints Luis Krug as new CEO by April 1, […]

mutares announces its consolidated results for the record year 2013

The fiscal year 2013 was once again a record year for mutares with considerable growth in sales and earnings. The basis for this growth was the successful operational development of the portfolio and in particular the largest and most profitable exit from a portfolio company in the group’s history. The shareholders of mutares should benefit […]