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mutares closes PIXmania acquisition
On December 31st 2013, mutares completed the acquisition of PIXmania S.A.S and of all its subsidiaries from Dixons Retail plc. Following the signing of the Sale & Purchase Agreement on September 26th, all closing conditions have been fulfilled. PIXmania generated a turnover of € 446m during the fiscal year 2013 and employs close to 900 […]
Agreement with Dixons Retail for the acquisition of PIXmania signed
mutares AG (“mutares”), and Dixons Retail, Europe’s leading specialist electrical multi-channel retailing and services company, announce that, having completed consultations with the relevant works councils, both companies have now signed the agreement for the sale of PIXmania S.A.S to mutares A.G, a German listed industrial holding company. As part of its purchase of PIXmania, mutares […]
mutares made irrevocable offer to acquire PIXmania S.A.S
mutares AG, Munich, has made an irrevocable offer to acquire PIXmania S.A.S and its subsidiaries from Dixons Retail plc. PIXmania S.A.S is a pure play European e-tailer headquartered in Paris, operating in 14 countries. Following this offer and in line with French labour codes, the works councils of PIXmania S.A.S will be consulted on the […]
mutares closes Autoneum Italy acquisition
mutares AG, Munich, has acquired the Italian Autoneum Italy S.p.A., a subsidiary of Autoneum Holding AG, Winterthur, a global technology leader in acoustics and thermal management solutions in the automotive industry, on July 22nd, 2013. Autoneum Italy generated a turnover of EUR 109 million in 2012 and employs currently about 730 people at its five […]
mutares again with strong growth
Due to the further expansion of its portfolio mutares AG recorded a satisfactory growth in sales and earnings in the short financial year 2012. In the period from April 1, 2012 until December 31, 2012, group sales have reached EUR 301.2m (previous year EUR 159.3m) and operating profit (EBITDA) EUR 22.4m (previous year EUR 18.5 […]
mutares AG announces its consolidated results for the short fiscal year 2012
The short fiscal year 2012 was once more very encouraging for the mutares group, and could, even though its shortened period of 9 months, be completed with a significant growth in sales and earnings. The basis of this growth was in particular the acquisition and integration of three new portfolio companies. During the period from […]
mutares closes the sale of HIB Trim Part Solutions Group
On May 28th 2013 the sale of mutares’ portfolio company, HIB Trim Part Solutions group, to NBHX Trim GmbH was completed after all closing conditions including the approval of the German antitrust authority have been fulfilled. The Sale Purchase Agreement had already been signed on April 24th.
mutares divests HIB Trim Part Solutions Group
mutares AG, Munich, has signed an agreement with NBHX Trim Gmbh, Heilsbronn, about the sale of HIB-Trim Part Solutions group on April 24, 2013. HIB-Trim Part Solutions is a leading supplier of interior components for passenger cars located in Bruchsal and Altdorf, Germany, as well as in Codlea, Romania. The company is an important technology […]
mutares veräußert HIB Trim Part Solutions Gruppe
Die mutares AG, München, hat am 24. April 2013 mit der NBHX Trim GmbH, Heilsbronn, einen Vertrag über die Veräußerung der HIB-Trim Part Solutions Gruppe geschlossen. HIB-Trim Part Solutions ist einer der führenden Zulieferer für den Automobilinnenraum mit Standorten in Bruchsal und Altdorf, Deutschland, sowie in Codlea, Rumänien. Das Unternehmen ist ein wichtiger Technologiepartner bei […]
Diehl Controls transfers its photovoltaics business
Diehl Controls, Wangen im Allgäu, subgroup of Diehl Group, Nuremberg, sells the business unit photovoltaics with effect from 1st of April 2013 to mutares Solar GmbH, a 100% subsidiary of mutares AG, Munich. mutares AG will strategically develop the photovoltaics business located in Wangen, employing 82 people. In 2005, Diehl Controls entered the pholtovoltaics business […]