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Transaction-rich third quarter, Management Board confirms outlook for 2018
Group revenues in the third quarter at EUR 182.5 million (Q2/2018: EUR 238.1 million) Group EBITDA at EUR 5.4 million (Q2/2018: EUR 25.0 million) Adjusted EBITDA at EUR 6.3m and YTD 09/2018 at EUR 15.7 million (YTD 06/2018: EUR 9.3 million) Management Board targets for 2018 at least one further transaction Munich, November 22, 2018 […]
New platform Gemini Rail Group launches performance program
Knorr-Bremse RailServices UK and Kiepe Electric UK rebranded as Gemini Rail Group Gemini Rail Group starts off with already established position in the UK and Ireland Mutares’ operational experts and local management started to develop comprehensive performance improvement program Munich, November 14, 2018 – Following the successful completion of the acquisition of Knorr-Bremse RailServices UK […]
Mutares completes acquisition of Knorr-Bremse RailServices UK and Kiepe Electric Ltd.
New platform investment with total annual turnover of GBP 75 million (EUR 85 million) Product portfolio includes railway maintenance services and turnkey solutions Transaction marks entry into the UK market for Mutares Munich, November 1, 2018 – Mutares AG (ISIN: DE000A2NB650) has successfully closed the acquisition of Knorr-Bremse RailServices UK (KBRS) and Kiepe Electric Ltd. […]
Mutares with press coverage about strategy and outlook: Interview with CEO Robin Laik
Interview with Mutares CEO Robin Laik about strategy and outlook: Link
Subsidiary Balcke Dürr completes transaction to acquire selective assets of STF S.p.A.
Transaction provides for complimentary product range and engineering know-how Perimeter includes French service entity of STF and enables Balcke Dürr to enter French market Balcke Dürr Group continues to widen its footprint in the nuclear power generation space Munich/Magenta, October 16, 2018 – Balcke Dürr Group, a subsidiary of Mutares Group (DE000A2NB650), successfully completed the […]
Tochtergesellschaft Donges SteelTec schließt Transaktion zum Kauf der Kalzip Gruppe ab
Umsatzsteigerung von Donges SteelTec auf über EUR 100 Mio. jährlich Ergänzung der Produktpalette um Dach- und Fassadenlösungen Positionierung der Donges Gruppe als Gesamtanbieter München/Darmstadt, 8. Oktober 2018 – Donges SteelTec, ein Tochterunternehmen des Mutares Konzerns (ISIN DE000A2NB650), hat die Übernahme der Kalzip Gruppe von Tata Steel Europe erfolgreich abgeschlossen. Der Jahresumsatz der Donges Gruppe erhöht […]
Mutares AG: Subsidiary Donges SteelTec completes transaction to acquire Kalzip Group
Sales increase of Donges SteelTec to over EUR 100 million annually Extension of the product range with roof and facade solutions Positioning of the Donges Group as a full-service provider Munich/Darmstadt, October 8, 2018 – Donges SteelTec, a subsidiary of Mutares Group (DE000A2NB650), successfully completed the acquisition of the Kalzip Group from Tata Steel Europe […]
Mutares publishes half-year report 2018: Strong growth
Group sales of EUR 467.0 million (+14% compared to prior-year period) First-time reporting of the additional key performance indicator “Adjusted EBITDA” Management expectations already fulfilled and very good outlook confirmed for 2018 Munich, September 27, 2018 – Mutares AG (ISIN: DE000A2NB650) today published its report for the first half of fiscal year 2018. Group sales […]
STS Group AG with press coverage about newly awarded orders
STS Group expanding to US market being awarded a ten year contract by US truck OEM External link: Mobile Maschinen STS Group supplying battery covers for electric vehicle OEM in China External link: Automobil-Produktion
Interview with Head of Bridge Construction of Donges Steeltec
Interview with Stephan Langer, Head of Bridge Construction at Donges Steeltec, a portfolio company of Mutares. Article from 8th September 2018: External Link