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mutares with strong growth
Due to the further development of its portfolio mutares AG has increased revenues and profits in the fiscal year 2009/10 significantly. In the year ending March 31, 2010, group total output has reached € 78.7 mill. with operating profits (EBIT) of € 6.1 mill. To support its growing business mutares has extended its executive board […]
mutares AG sells Ledertech GmbH
mutares AG, Munich, sold its portfolio company Ledertech GmbH by a management buy-in to Mr. Gheoghe Chelu. Ledertech, based in Bopfingen (Germany), is a leading provider of leatherboard material for the global shoe and leather goods industry. In its plant in Bopfingen Ledertech occupies 50 employees. Mr. Chelu intends to continue and further develop the […]
mutares AG acquires LeBed SAS
mutares AG, Munich, acquires all assets and takes over all employees of the French company LeBed SAS from the Recticel Group (Brussels, Belgium), effective July 1st. LeBed designs, manufactures and distributes slatted frames for beds in Western Europe. The company occupies 67 employees at its Masevaux plant near Mulhouse, France. With this transaction the Recticel […]
mutares AG sells SHH GmbH SystemHaus Hemminger GmbH
mutares AG, Munich, sold its portfolio company SHH GmbH SystemHaus Hemminger to the Japanese investor ABC Shokai. Being a strategic investor ABC Shokai has a broad international contact network to many utility companies, the most important customers of SHH. Munich, June 14, 2010 mutares AG, Munich, sold its portfolio company SHH GmbH SystemHaus Hemminger to […]
Dräxlmaier Group sells its Decorative Design business to mutares AG
mutares acquires the business unit “Decorative Design” including all its sites and employees. Dräxlmaier Group refocuses on its core business. Vilsbiburg/Bruchsal, 02/19/2010 – mutares AG, Munich, acquires Dräxlmaier Group’s Decorative Design activities (DDD) with effect as of March 1st, 2010. Decorative Design develops, manufactures and distributes trim parts for the interior of passenger cars. The […]
mutares AG acquires Fertigungstechnik Weißenfels GmbH (FTW)
mutares AG, Munich, acquires Fertigungstechnik Weißenfels GmbH (FTW) from the Römheld Group, Laubach. FTW designs, manufactures and distributes NC-controlled rotary tables for the machine-tool industry. The company occupies 90 employees at its plant in Weißenfels near Leipzig. With this transaction the Römheld group intends to strengthen the focus on its core business. Among FTW’s customers […]
mutares AG acquires Diehl Elastomer Group
Today, mutares AG, Munich, acquires Diehl Elastomertechnik GmbH and its subsidiaries from the Diehl Group, Nürnberg. Diehl Elastomer designs, manufactures and distributes rubber components mainly for the automotive industry and occupies 200 employees at locations in Germany, Portugal and Slovakia. With this transaction the Diehl Group intends to focus more on its core business. Diehl […]
mutares AG to acquire Laurèl, apriori und cavita from ESCADA
Effective June 1, 2009 mutares AG, Munich, will acquire the Primera Group (http://www.primera.ag/) with the brands Laurèl (http://www.laurel.de/), apriori (http://www.apriori-fashion.de/) and cavita(http://www.cavita.de/) from ESCADA AG, Aschheim (Munich). While Laur?l is an established premium brand in the diffusion segment, the brands apriori and cavita target the bridge and medium segments. The brand BiBA is excluded from […]
mutares AG acquires SHH GmbH SystemHaus Hemminger GmbH
mutares AG, Munich, acquired on April 24, 2009 all shares of SHH GmbH SystemHaus Hemminger (http://www.shhinfo.de/en/), a leading provider of geographical information systems for utility suppliers and big enterprises. Sellers are Stadtwerke Leipzig, founder and previous CEO Eberhardt Hemminger, as well as the regional utility suppliers Mark-E AG and Lister- und Lennekraftwerke GmbH. SHH, based […]
mutares team growing
With the appointments of Sonja Reinhard and Michael Ohr, the mutares team has gained new traction to continue building its portfolio and implementing operational improvements in their investments. Upon completion of her MBA studies, *Sonja Reinhard* served in various positions in finance and controlling of small and medium sized enterprises for several years. In addition, […]