{"id":30618,"date":"2024-06-11T14:00:24","date_gmt":"2024-06-11T12:00:24","guid":{"rendered":"https:\/\/mutares.com\/?p=30618"},"modified":"2024-06-11T12:04:20","modified_gmt":"2024-06-11T10:04:20","slug":"fourth-exit-in-2024-mutares-has-successfully-sold-balcke-durr-nuklear-service-gmbh-to-cyclife-germany-gmbh-a-company-of-edf-group","status":"publish","type":"post","link":"https:\/\/mutares.com\/en\/fourth-exit-in-2024-mutares-has-successfully-sold-balcke-durr-nuklear-service-gmbh-to-cyclife-germany-gmbh-a-company-of-edf-group\/","title":{"rendered":"Fourth exit in 2024: Mutares has successfully sold Balcke-D\u00fcrr Nuklear Service GmbH to Cyclife Germany GmbH, a company of EDF Group"},"content":{"rendered":"

Munich, June 11, 2024 \u2013 <\/strong>Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company Balcke-D\u00fcrr Nuklear Service GmbH to Cyclife Germany GmbH, a company of EDF Group.<\/p>\n

Balcke-D\u00fcrr Nuklear Service is a leading service provider of nuclear decommissioning services in Germany. The company offers a broad range of nuclear decommissioning as well as engineering services. Since its incorporation in 2018, Balcke-D\u00fcrr Nuklear Service has rapidly and successfully developed its business. Balcke-D\u00fcrr Nuklear Service has been part of the NEM Energy Group and the exit is in line with NEM Energy Group\u2019s strategy to focus on equipment supply in the field of heat transfer technology.<\/p>\n

Cyclife Germany GmbH with its headquarters in Hannover is part of the EDF Group and a European leader in nuclear decommissioning. Cyclife Germany GmbH targets to strengthen its market power in Germany with the acquisition of Balcke-D\u00fcrr Nuklear Service and to complement the service offering.<\/p>\n

Robin Laik, CEO of Mutares, comments: “We are very proud to announce our fourth exit in 2024. The sale of Balcke-D\u00fcrr Nuklear Service marks a huge milestone in the development process of the NEM Group. With the exit of Balcke-D\u00fcrr Nuklear Service we concluded another big step in the implementation of NEM Energy Group\u2019s strategy to strengthen the heat transfer technology business. The exit of Balcke-D\u00fcrr Nuklear Service to Cyclife Germany, a company of the EDF Group, proofs that we are able to build and develop market leaders in competitive environments. A special thanks to the Management of NEM Energy Group that is doing a great job!”<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Munich, June 11, 2024 \u2013 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company Balcke-D\u00fcrr Nuklear Service GmbH to Cyclife Germany GmbH, a company of EDF Group. Balcke-D\u00fcrr Nuklear Service is a leading service provider of nuclear decommissioning services in Germany. The company offers a broad range of nuclear decommissioning as […]<\/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-30618","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\nFourth exit in 2024: Mutares has successfully sold Balcke-D\u00fcrr Nuklear Service GmbH to Cyclife Germany GmbH, a company of EDF Group - Mutares SE & Co. 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