Mutares SE & Co. KGaA updates dividend strategy: minimum dividend of EUR 2.00 per share per fiscal year

Publication of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014 NOT FOR PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER COUNTRY IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL Mutares SE & Co. KGaA updates dividend strategy: minimum dividend of EUR 2.00 per share per […]

Mutares has successfully sold its portfolio company Special Melted Products Ltd. to Cogne Acciai Speciali S.p.A.

  • Most successful exit in the Company’s history
  • Proceeds for the Mutares Holding of ca. EUR 150 million

Seventh acquisition in 2023: Mutares has sent an irrevocable offer to acquire SRT Group

  • New platform acquisition for the Goods & Services segment
  • Generated revenues over EUR 400 million in 2022
  • Provider of urban on-demand delivery services for food, grocery, and retail players

Sixth exit in 2023: Mutares has sold SABO-Maschinenfabrik GmbH to SABO Holding GmbH

Munich, September 13, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has sold SABO-Maschinenfabrik GmbH to SABO Holding GmbH. SABO-Maschinenfabrik GmbH is one of the leading brands of high-quality lawn mowers and garden care products for private and commercial customers in Europe. Since 1932, the company has been producing in Gummersbach, Germany. After the […]

Mutares positions newly formed FerrAl United Group as global automotive supplier

  • FerrAl United acts as new holding company for the global business of supplying castings and forgings within the Mutares portfolio
  • Global player with more than EUR 1 billion in revenues and 5,000 employees at approx. 25 locations worldwide planned
  • Significant synergy potential at customer and cost level

Mutares has successfully completed the acquisition of SELZER Group from INDUS

  • Add-on acquisition to strengthen the FerrAl United Group
  • Supplier of ready-to-install metallic components and assemblies for the automotive industry & industrial applications
  • Revenues of ca. EUR 130 million planned for 2025

Mutares has successfully completed the acquisition of Recover Nordic Oy from Recover Group

  • New platform investment for the Goods & Services segment
  • Provider of property remediation services
  • Wide market coverage with 19 branches in Finland

Mutares has successfully completed the acquisition of Gläserne Molkerei from Emmi Group

  • New platform acquisition to strengthen the Retail & Food segment
  • Leading manufacturer of pure organic dairy products in Germany
  • Revenues of over EUR 100 million with two locations in Germany

Sixth acquisition in 2023: Mutares signed an agreement to acquire the forging business in Germany of CIE Automotive

  • Add-on acquisition for FerrAl United Group to strengthen the Automotive & Mobility segment
  • Revenues of ca. EUR 220 million
  • Manufacturer of forged and machined components for the European truck market

Mutares increases consolidated revenues by 30% in the first half of the year – significant increase in profitability in all segments

  • Revenues from consulting services and management fees of Mutares Holding grow by 82% to EUR 52.1 million in the first half of 2023 (H1 2022: EUR 28.7 million)
  • Net income of Mutares Holding reaches EUR 13.2 million in the first half of 2023 (H1 2022: EUR 14.2 million) despite one-off expenses for bond refinancing
  • Group revenues increase by 30% to EUR 2,273.6 million (H1 2022: EUR 1,754.6 million), Adjusted EBITDA improved to EUR 41.2 million (H1 2022: EUR -32.9 million)
  • Successful refinancing of bond sets course for further growth