{"id":25007,"date":"2020-11-10T06:30:42","date_gmt":"2020-11-10T05:30:42","guid":{"rendered":"https:\/\/mux.muppet-lab.dev\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/"},"modified":"2020-11-10T06:30:42","modified_gmt":"2020-11-10T05:30:42","slug":"mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed","status":"publish","type":"post","link":"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/","title":{"rendered":"Mutares: 11 transactions in first nine months 2020 accelerate on growth trajectory, strong recovery in Q3, forecast 2020 confirmed"},"content":{"rendered":"<ul>\n<li>Six acquisitions completed and two signed as well as three exits in first nine months 2020<\/li>\n<li>Group revenues grew 47% to EUR\u00a01,073.3\u00a0million (Q3 2019 YTD: EUR\u00a0728.1\u00a0million) driven by accelerated M&amp;A activities<\/li>\n<li>Consulting revenues at all-time high EUR\u00a023.0\u00a0million in first three quarters 2020<\/li>\n<li>Group EBITDA increased 84% from EUR\u00a073.3\u00a0million to EUR\u00a0134.7\u00a0million, benefiting from high transaction activity<\/li>\n<li>Adjusted EBITDA at Group level EUR\u00a0-16.6\u00a0million (Q3 YTD 2019: EUR\u00a05.8\u00a0million)<\/li>\n<li>Cash and cash equivalents increased to EUR\u00a0157.3\u00a0million (31 December 2019: EUR\u00a079.7\u00a0million) offering scope for further value-enhancing investments<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Munich, 10 November 2020 <\/strong>\u2013 Mutares SE &amp; Co KGaA (ISIN: DE000A2NB650) looks back on three quarters with strong transactional performance in the financial year 2020. Driven by accelerated transaction activity with a total of eight transactions on the buy-side and three on the sell-side, Mutares Group succeeded in increasing revenues by 47% to EUR\u00a01,073.3\u00a0million (Q3 2019 YTD: EUR\u00a0728.1\u00a0million) in the first three quarters of the financial year 2020. Group EBITDA reflects strong transaction activity with a growth of 84% to EUR\u00a0134.7\u00a0million (Q3\u00a02019 YTD: EUR\u00a073.3\u00a0million). The completed acquisitions resulted in bargain purchases of EUR\u00a0168.2\u00a0million. Adjusted for one-off effects, adjusted EBITDA<sup>1) <\/sup>amounted to EUR\u00a0-16.6\u00a0million (Q3 2019 YTD: EUR\u00a05.8\u00a0million). The decline is mainly attributable to negative earnings contributions of newly acquired companies as well as negative effects of the COVID-19 pandemic. Mutares showed a strong recovery from the COVID-19 impact in spring and achieved a break-even adjusted EBITDA already in the third quarter of 2020. In line with the rapid growth, consulting revenues of Mutares SE &amp; Co. KGaA for the first three quarters increased from EUR\u00a013.3\u00a0million in 2019 to EUR\u00a023.0\u00a0million in 2020.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>High transaction activity in the first three quarters 2020<\/strong><\/p>\n<p>With a total of six successfully completed buy-side transactions in the first three quarters of 2020 and two additional takeovers announced, Mutares has further increased the frequency of its M&amp;A activities, thus underlining its ambitious growth targets. The two additional acquisitions announced, the German metallurgical division of Nexans (now operating under the name of &#8220;Lacroix + Kress GmbH&#8221;) and the Swedish and Finnish road service division of NCC (now operating under the name of &#8220;Terranor&#8221;) were also completed after 30 September 2020. Moreover, Mutares managed to successfully close three exits in the first three quarters despite uncertainties caused by the corona pandemic, thereby exceeding its own targets of a seven to tenfold Return on Invested Capital (ROIC).<\/p>\n<p>&nbsp;<\/p>\n<p>The effects of the Corona crisis offer Mutares numerous options for further expanding its investment portfolio in the coming years and for accelerating growth through value-enhancing investments. The successful tap in September 2020 of the bond placed in February 2020 from EUR\u00a050\u00a0million to EUR\u00a070\u00a0million provides the financial flexibility to take advantage of the opportunities that arise. Mutares can also look forward to sustainable growth including all cycle phases in the portfolio driven by diversification.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Operational development partly influenced by COVID-19<\/strong><\/p>\n<p>At EUR\u00a0394.3\u00a0million, revenues in the <strong>Automotive &amp; Mobility <\/strong>segment in the first three quarters of 2020 were up by around 20% y-o-y (EUR\u00a0327.4\u00a0million). The development reflects the acquisitions completed in the current and the previous year. In addition, the third quarter of 2020 showed a significant recovery from the negative impact of the COVID-19 pandemic, which hit the segment mainly in the second quarter of 2020. Benefiting from the acquisitions, EBITDA amounted to EUR\u00a056.8\u00a0million (Q3 2019 YTD: EUR\u00a018.0\u00a0million). Adjusted EBITDA of EUR\u00a0-16.7\u00a0million (Q3 2019 YTD: EUR\u00a0+15.5\u00a0million) reflects the still negative contributions to earnings of acquired companies and the effects of the COVID-19 pandemic.<\/p>\n<p>&nbsp;<\/p>\n<p>In the first three quarters 2020, the <strong>Engineering &amp; Technology <\/strong>segment achieved revenues of EUR\u00a0388.4\u00a0million (Q3 2019 YTD: EUR\u00a0347.4\u00a0million<sup>2)<\/sup>). The add-on acquisitions for Donges Group and Balcke-D\u00fcrr Group contributed in particular to the revenues increase of around 12%. EBITDA of EUR\u00a027.3\u00a0million (Q3 2019 YTD: EUR\u00a05.8\u00a0million) benefited from the bargain purchases related to the two add-on acquisitions and the gain on the sale of Balcke-D\u00fcrr Polska. The positive development of adjusted EBITDA from EUR\u00a0-2.2\u00a0million in Q3 2019 YTD to EUR\u00a07.0\u00a0million reflects in particular the successfully implemented restructuring at Donges Group and Gemini, while Balcke-D\u00fcrr and EUPEC, with lower activity in the context of the COVID-19 pandemic, had a negative impact on earnings.<\/p>\n<p>&nbsp;<\/p>\n<p>Revenues of the <strong>Goods &amp; Services <\/strong>segment increased significantly in the first three quarters of 2020 to EUR\u00a0290.6\u00a0million (Q3 2019 YTD: EUR\u00a053.4\u00a0million<sup>2<\/sup>). The strong increase in revenues is attributable to the acquisitions made in the previous financial year (Tr\u00e9filUnion, keeeper Group, BEXity) as well as in the current financial year (keeeper Tableware, Nexive, SABO). EBITDA, benefiting from transaction activities, amounted to EUR\u00a056.6\u00a0million (Q3\u00a02019 YTD: EUR\u00a051.5\u00a0million). All of the segment&#8217;s investments, except for Tr\u00e9filUnion and the newly acquired platforms, contributed positively. As a result, the segment&#8217;s adjusted EBITDA amounted to EUR\u00a0-6.0\u00a0million (Q3 2019 YTD: EUR\u00a0-5.2\u00a0million).<\/p>\n<p>&nbsp;<\/p>\n<table width=\"614\">\n<tbody>\n<tr>\n<td width=\"217\"><strong>Operational phase within the Mutares business model<\/strong><\/td>\n<td width=\"208\"><strong>Allocated investments at 30\u00a0September 2020<\/strong><\/td>\n<td width=\"85\"><strong>Revenues in EUR million<\/strong><\/td>\n<td width=\"104\"><strong>Adj. EBITDA in EUR million<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"217\">Realignment<\/td>\n<td width=\"208\">KICO Group<\/p>\n<p>PrimoTECS<\/p>\n<p>Tr\u00e9filUnion<\/p>\n<p>BEXity<\/p>\n<p>SFC Solutions<\/p>\n<p>SABO<\/p>\n<p>Nexive<\/td>\n<td width=\"85\">340.4<\/td>\n<td width=\"104\">-24.4<\/td>\n<\/tr>\n<tr>\n<td width=\"217\">Optimization<\/td>\n<td width=\"208\">Plati Group<\/p>\n<p>keeeper Group<\/p>\n<p>Cenpa<\/p>\n<p>Balcke-D\u00fcrr Group<\/td>\n<td width=\"85\">205.4<\/td>\n<td width=\"104\">-7.8<\/td>\n<\/tr>\n<tr>\n<td width=\"217\">Harvesting<\/td>\n<td width=\"208\">Elastomer Solutions Group<\/p>\n<p>STS Group<\/p>\n<p>Gemini Rail Group<\/p>\n<p>Eupec<\/p>\n<p>Donges Group<\/td>\n<td width=\"85\">524.5<\/td>\n<td width=\"104\">+16.1<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>Cash and cash equivalents amounted to EUR\u00a0157.3\u00a0million as of 30\u00a0September 2020 (31 December 2019: EUR\u00a079.7\u00a0million) offering scope for further value-enhancing investments.<\/p>\n<p>The equity ratio of the Mutares Group amounted to 17.4% as of 30 September 2020 (31 December 2019: 24.5%).<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Outlook for full-year 2020 confirmed<\/strong><\/p>\n<p>The Management Board expects M&amp;A activity to remain high for the rest of the year. In the fourth quarter of 2020, Mutares has already successfully closed two transactions from the first half of the year and signed two more transactions, which are expected to be closed also in the current financial year.<\/p>\n<p>Based on the business performance in the first three quarters, the Management Board expects to generate consolidated revenues of around EUR 1.5 to 1.7 billion in the financial year 2020 (2019: EUR 1.0 billion). Trailing twelve months revenues based on signed transactions already exceed EUR 2.0 billion. For the 2020 annual result of Mutares SE &amp; Co KGaA (\u201cMutares Holding\u201d), the Management Board expects an exit-independent net return on consolidated revenues of 1% which is based on recurring inflows from the consulting business and so-called management fees from the portfolio companies. For these, the Management Board expects a volume of EUR 40 to 50 million for the full year 2020. Revenues of Mutares Holding purely from consulting activities amounted to EUR 23.0 million for the first three quarters of 2020 (Q3 2019 YTD: EUR 13.3 million). Management Board and Supervisory Board of Mutares Management SE anticipate a long-term basic dividend of EUR 1.00 per Mutares share from the financial year 2020, which can be increased by performance dividends in the event of strong growth and major successful exits.<\/p>\n<p>&nbsp;<\/p>\n<p><sup>1) <\/sup>Adjusted EBITDA is a key EBITDA performance indicator adjusted for special effects which presents the operating performance of the shareholdings in a transparent manner and makes their operating earnings power comparable. The calculation is based on reported Group EBITDA adjusted for transaction-related income (&#8220;bargain purchases&#8221;), restructuring and other one-time expenses as well as deconsolidation effects. Adjusted EBITDA differs significantly along the three stages of value creation that investments typically go through during their membership of Mutares Group (realignment, optimization and harvesting).<\/p>\n<p><sup>2) <\/sup>For better comparability, the previous year&#8217;s figures of La Meusienne are allocated to the Engineering &amp; Technology segment, although the integration into the Balcke-D\u00fcrr Group did not take place until December 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Six acquisitions completed and two signed as well as three exits in first nine months 2020 Group revenues grew 47% to EUR\u00a01,073.3\u00a0million (Q3 2019 YTD: EUR\u00a0728.1\u00a0million) driven by accelerated M&amp;A activities Consulting revenues at all-time high EUR\u00a023.0\u00a0million in first three quarters 2020 Group EBITDA increased 84% from EUR\u00a073.3\u00a0million to EUR\u00a0134.7\u00a0million, benefiting from high transaction activity [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[347],"tags":[],"class_list":["post-25007","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.3 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Mutares: 11 transactions in first nine months 2020 accelerate on growth trajectory, strong recovery in Q3, forecast 2020 confirmed - Mutares SE &amp; Co. KGaA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mutares: 11 transactions in first nine months 2020 accelerate on growth trajectory, strong recovery in Q3, forecast 2020 confirmed\" \/>\n<meta property=\"og:description\" content=\"Six acquisitions completed and two signed as well as three exits in first nine months 2020 Group revenues grew 47% to EUR\u00a01,073.3\u00a0million (Q3 2019 YTD: EUR\u00a0728.1\u00a0million) driven by accelerated M&amp;A activities Consulting revenues at all-time high EUR\u00a023.0\u00a0million in first three quarters 2020 Group EBITDA increased 84% from EUR\u00a073.3\u00a0million to EUR\u00a0134.7\u00a0million, benefiting from high transaction activity [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/\" \/>\n<meta property=\"og:site_name\" content=\"Mutares SE &amp; Co. KGaA\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-10T05:30:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mutares.com\/wp-content\/uploads\/2026\/02\/mutares-social-icon.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"WordPress Service\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Mutares1\" \/>\n<meta name=\"twitter:site\" content=\"@Mutares1\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"WordPress Service\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/\"},\"author\":{\"name\":\"WordPress Service\",\"@id\":\"https:\/\/mutares.com\/en\/#\/schema\/person\/527b9edd6203a78e0e954c0f8e84fe69\"},\"headline\":\"Mutares: 11 transactions in first nine months 2020 accelerate on growth trajectory, strong recovery in Q3, forecast 2020 confirmed\",\"datePublished\":\"2020-11-10T05:30:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/\"},\"wordCount\":1237,\"publisher\":{\"@id\":\"https:\/\/mutares.com\/en\/#organization\"},\"articleSection\":[\"Press Releases\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/\",\"url\":\"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/\",\"name\":\"Mutares: 11 transactions in first nine months 2020 accelerate on growth trajectory, strong recovery in Q3, forecast 2020 confirmed - Mutares SE &amp; Co. KGaA\",\"isPartOf\":{\"@id\":\"https:\/\/mutares.com\/en\/#website\"},\"datePublished\":\"2020-11-10T05:30:42+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Startseite\",\"item\":\"https:\/\/mutares.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Mutares: 11 transactions in first nine months 2020 accelerate on growth trajectory, strong recovery in Q3, forecast 2020 confirmed\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/mutares.com\/en\/#website\",\"url\":\"https:\/\/mutares.com\/en\/\",\"name\":\"Mutares\",\"description\":\"Listed Private Equity Special Situations Investor\",\"publisher\":{\"@id\":\"https:\/\/mutares.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/mutares.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/mutares.com\/en\/#organization\",\"name\":\"Mutares SE & Co. KGaA\",\"url\":\"https:\/\/mutares.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/mutares.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/mutares.com\/wp-content\/uploads\/2022\/02\/mutares-logo-1.svg\",\"contentUrl\":\"https:\/\/mutares.com\/wp-content\/uploads\/2022\/02\/mutares-logo-1.svg\",\"width\":\"1030\",\"height\":\"1030\",\"caption\":\"Mutares SE & Co. KGaA\"},\"image\":{\"@id\":\"https:\/\/mutares.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/x.com\/Mutares1\",\"https:\/\/de.linkedin.com\/company\/mutares-ag\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/mutares.com\/en\/#\/schema\/person\/527b9edd6203a78e0e954c0f8e84fe69\",\"name\":\"WordPress Service\",\"sameAs\":[\"https:\/\/muppet-lab.com\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Mutares: 11 transactions in first nine months 2020 accelerate on growth trajectory, strong recovery in Q3, forecast 2020 confirmed - Mutares SE &amp; Co. KGaA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/","og_locale":"en_GB","og_type":"article","og_title":"Mutares: 11 transactions in first nine months 2020 accelerate on growth trajectory, strong recovery in Q3, forecast 2020 confirmed","og_description":"Six acquisitions completed and two signed as well as three exits in first nine months 2020 Group revenues grew 47% to EUR\u00a01,073.3\u00a0million (Q3 2019 YTD: EUR\u00a0728.1\u00a0million) driven by accelerated M&amp;A activities Consulting revenues at all-time high EUR\u00a023.0\u00a0million in first three quarters 2020 Group EBITDA increased 84% from EUR\u00a073.3\u00a0million to EUR\u00a0134.7\u00a0million, benefiting from high transaction activity [&hellip;]","og_url":"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/","og_site_name":"Mutares SE &amp; Co. KGaA","article_published_time":"2020-11-10T05:30:42+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/mutares.com\/wp-content\/uploads\/2026\/02\/mutares-social-icon.jpg","type":"image\/jpeg"}],"author":"WordPress Service","twitter_card":"summary_large_image","twitter_creator":"@Mutares1","twitter_site":"@Mutares1","twitter_misc":{"Written by":"WordPress Service","Estimated reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/#article","isPartOf":{"@id":"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/"},"author":{"name":"WordPress Service","@id":"https:\/\/mutares.com\/en\/#\/schema\/person\/527b9edd6203a78e0e954c0f8e84fe69"},"headline":"Mutares: 11 transactions in first nine months 2020 accelerate on growth trajectory, strong recovery in Q3, forecast 2020 confirmed","datePublished":"2020-11-10T05:30:42+00:00","mainEntityOfPage":{"@id":"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/"},"wordCount":1237,"publisher":{"@id":"https:\/\/mutares.com\/en\/#organization"},"articleSection":["Press Releases"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/","url":"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/","name":"Mutares: 11 transactions in first nine months 2020 accelerate on growth trajectory, strong recovery in Q3, forecast 2020 confirmed - Mutares SE &amp; Co. KGaA","isPartOf":{"@id":"https:\/\/mutares.com\/en\/#website"},"datePublished":"2020-11-10T05:30:42+00:00","breadcrumb":{"@id":"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/mutares.com\/en\/mutares-11-transactions-in-first-nine-months-2020-accelerate-on-growth-trajectory-strong-recovery-in-q3-forecast-2020-confirmed\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Startseite","item":"https:\/\/mutares.com\/en\/"},{"@type":"ListItem","position":2,"name":"Mutares: 11 transactions in first nine months 2020 accelerate on growth trajectory, strong recovery in Q3, forecast 2020 confirmed"}]},{"@type":"WebSite","@id":"https:\/\/mutares.com\/en\/#website","url":"https:\/\/mutares.com\/en\/","name":"Mutares","description":"Listed Private Equity Special Situations Investor","publisher":{"@id":"https:\/\/mutares.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/mutares.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/mutares.com\/en\/#organization","name":"Mutares SE & Co. KGaA","url":"https:\/\/mutares.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/mutares.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/mutares.com\/wp-content\/uploads\/2022\/02\/mutares-logo-1.svg","contentUrl":"https:\/\/mutares.com\/wp-content\/uploads\/2022\/02\/mutares-logo-1.svg","width":"1030","height":"1030","caption":"Mutares SE & Co. KGaA"},"image":{"@id":"https:\/\/mutares.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/Mutares1","https:\/\/de.linkedin.com\/company\/mutares-ag"]},{"@type":"Person","@id":"https:\/\/mutares.com\/en\/#\/schema\/person\/527b9edd6203a78e0e954c0f8e84fe69","name":"WordPress Service","sameAs":["https:\/\/muppet-lab.com"]}]}},"_links":{"self":[{"href":"https:\/\/mutares.com\/en\/wp-json\/wp\/v2\/posts\/25007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mutares.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mutares.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mutares.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/mutares.com\/en\/wp-json\/wp\/v2\/comments?post=25007"}],"version-history":[{"count":0,"href":"https:\/\/mutares.com\/en\/wp-json\/wp\/v2\/posts\/25007\/revisions"}],"wp:attachment":[{"href":"https:\/\/mutares.com\/en\/wp-json\/wp\/v2\/media?parent=25007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mutares.com\/en\/wp-json\/wp\/v2\/categories?post=25007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mutares.com\/en\/wp-json\/wp\/v2\/tags?post=25007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}