Tenth acquisition in 2024: Mutares has completed the acquisition of KmB Technologie GmbH from EMAG Industrial GmbH and Scherer Holding GmbH
- Add-on acquisition for FerrAl United Group to strengthen the Automotive & Mobility segment
- Revenues of around EUR 50 million in 2023
- Manufacturer of high-quality components for the automotive and mechanical engineering sector
- First deal of the Vienna office in 2024
Munich, July 9, 2024 – Mutares SE & Co KGaA (ISIN: DE000A2NB650) has completed the acquisition of KmB Technologie GmbH from EMAG Industrial GmbH and Scherer Holding GmbH. The transaction will further strengthen the FerrAl United Group, a multinational supplier of metal-based components and systems with around 30 locations and 5,000 employees worldwide.
KmB Technologie, based in Zerbst, Germany, is a manufacturer of high-quality components, including high-precision turned and milled parts that are used in steering systems, transmissions and chassis of various automotive manufacturers. With around 250 employees, the company generated revenues of around EUR 50 million in 2023. KmB Technologie develops and produces in small and large series along the entire value chain, focusing on cutting as well as non-cutting machining technologies that enable the production of high-end solutions for a strong customer base, including renowned OEMs and Tier 1 suppliers.
With its wide range of manufacturing processes and modular production systems for the automotive industry and aluminium processing, KmB Technologie is an ideal addition to the companies in the FerrAl United Group. Synergies are expected in the areas of suppliers, customers and production processes.
Robin Laik, CEO of Mutares, comments: “With KmB Technologie, an established automotive supplier in Germany, we are strengthening the FerrAl United Group as a multinational supplier to the automotive industry. I am convinced that by leveraging production and distribution synergies within the group, we can further consolidate the market and realize the growth potential of the individual companies.”