Mutares

EQS-News: First exit in 2023: Mutares sells JAPY Tech to the company’s management

Retrieved on: 
Sunday, January 22, 2023

Munich, 5 January 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company JAPY Tech to the company’s management.

Key Points: 
  • Munich, 5 January 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company JAPY Tech to the company’s management.
  • JAPY Tech is a manufacturer of high-quality cooling tanks and other milk cooling solutions, based in Dijon, France, supplying products to the worldwide dairy industry.
  • As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding.
  • The Management Board and Supervisory Board together hold more than one third of all Mutares shares with voting rights.

EQS-News: Mutares SE & Co. KGaA: Mutares has signed an agreement to acquire a plant of an automotive supplier in Bordeaux

Retrieved on: 
Sunday, January 22, 2023

The closing of the transaction, which is subject to certain conditions precedent, and the rebranding are expected in the first quarter of 2023.

Key Points: 
  • The closing of the transaction, which is subject to certain conditions precedent, and the rebranding are expected in the first quarter of 2023.
  • As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding.
  • The Management Board and Supervisory Board together hold more than one third of all Mutares shares with voting rights.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).

EQS-News: Fifth exit in 2022: Mutares has successfully sold its portfolio company STF Balcke-Dürr to C Capital

Retrieved on: 
Sunday, January 22, 2023

Munich, 22 December 2022 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company STF Balcke-Dürr S.r.l., which has been part of the Balcke-Dürr Group, to C Capital S.r.l.

Key Points: 
  • Munich, 22 December 2022 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company STF Balcke-Dürr S.r.l., which has been part of the Balcke-Dürr Group, to C Capital S.r.l.
  • The company is active in the development, design, production and on-site assembly of heat exchanger components, titanium components and air filtration systems for various sectors.
  • Johannes Laumann, CIO of Mutares SE & Co. KGaA, comments: “STF Balcke-Dürr sale marks our fifth exit in 2022.
  • As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding.

EQS-News: Second exit in 2023: Mutares has signed an agreement to sell Lacroix + Kress GmbH to Superior Essex

Retrieved on: 
Sunday, January 22, 2023

Munich, 10 January 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to sell its portfolio company Lacroix + Kress GmbH to Superior Essex Global LLC.

Key Points: 
  • Munich, 10 January 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to sell its portfolio company Lacroix + Kress GmbH to Superior Essex Global LLC.
  • Lacroix + Kress distinguishes itself in the market through high quality oxygen free copper and its unique manufacturing capabilities.
  • The sale of Lacroix + Kress to Superior Essex follows Mutares’ ‘best new owner’ approach and enables a vertical integration of the two businesses.
  • “I am very pleased to announce our second successful exit in 2023 with the sale of Lacroix + Kress.

EQS-News: Fourteenth acquisition in 2022: Mutares signs agreement to acquire Palmia Oy from the City of Helsinki

Retrieved on: 
Sunday, December 18, 2022

within foods/restaurants, cleaning, real estate and security

Key Points: 
  • within foods/restaurants, cleaning, real estate and security
    Munich, 14 December 2022 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Palmia Oy from the City of Helsinki.
  • Palmia Oy offers food, real estate, cleaning, and security services in 12 different municipalities throughout southern Finland.
  • The company was incorporated in 2015 by the City of Helsinki and generated revenue of EUR 104 million in 2021 with ca.
  • Johannes Laumann, CIO of Mutares SE & Co. KGaA, comments: „With this transaction Mutares further builds on its successful presence in Finland.

EQS-News: Mutares has successfully sold its portfolio company Royal de Boer to Turntide Technologies

Retrieved on: 
Friday, December 2, 2022

Munich, Amsterdam, 2December 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company Royal de Boer to Turntide Technologies, a United States-based innovator with a focus on technology and sustainability.

Key Points: 
  • Munich, Amsterdam, 2December 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company Royal de Boer to Turntide Technologies, a United States-based innovator with a focus on technology and sustainability.
  • Royal de Boer has its headquarters and production facility in Leeuwarden, Netherlands, and was acquired from GEA Farm Technologies in 2020.
  • To further advance Royal de Boers ambitions, the sale to the global provider of technology solutions for environmental systems in agricultural facilities, the Turntide Technologies group, is the optimal next step.
  • As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding.

EQS-News: Mutares has successfully completed the acquisition of Heat Transfer Technology (NEM Energy) from Siemens Energy B.V.

Retrieved on: 
Thursday, December 1, 2022

Mutares has successfully completed the acquisition of Heat Transfer Technology (NEM Energy) from Siemens Energy B.V.

Key Points: 
  • Mutares has successfully completed the acquisition of Heat Transfer Technology (NEM Energy) from Siemens Energy B.V.
  • Mutares has successfully completed the acquisition of Heat Transfer Technology (NEM Energy) from Siemens Energy B.V.
    Munich, Amsterdam, 1 December 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Heat Transfer Technology from Siemens Energy B.V.
  • This new platform investment is strengthening the Engineering & Technology segment and will operate under the name NEM Energy B.V.
  • The exhaust and diverter solutions business is located in Recklinghausen, Germany, and is an integral part of NEM Energy B.V.

EQS-News: Mutares has successfully completed the acquisition of Steyr Motors Betriebs GmbH and Steyr Motors Immo GmbH

Retrieved on: 
Wednesday, November 30, 2022

Munich, 30 November 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Steyr Motors Betriebs GmbH and Steyr Motors Immo GmbH from Thales Austria GmbH.

Key Points: 
  • Munich, 30 November 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Steyr Motors Betriebs GmbH and Steyr Motors Immo GmbH from Thales Austria GmbH.
  • Steyr Motors is headquartered in Steyr, Austria, and currently employs around 130 people.
  • The high-performance engines that Steyr Motors manufactures are based on state-of-the-art technology and the company has a strong innovation pipeline.
  • Steyr Motors aims to achieve sustainable growth through continuous further development of the products and expansion of the service offerings.

EQS-News: Mutares has successfully completed the acquisition of Götene Kyltransporter AB

Retrieved on: 
Sunday, November 27, 2022

Munich, 21 November 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of all shares in Gtene Kyltransporter AB from private owners.

Key Points: 
  • Munich, 21 November 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of all shares in Gtene Kyltransporter AB from private owners.
  • This is the second add-on acquisition for the Mutares portfolio company Frigoscandia in 2022 after the acquisition of Polar Frakt AS and the twelfth acquisition of Mutares in 2022.
  • Gtene Kyltransporter, headquartered in Gtene, Sweden, employs around 250 people and is a provider of temperature-controlled logistics.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).

EQS-News: Mutares SE & Co. KGaA: Mahindra partners with Mutares for transforming Peugeot Motocycles

Retrieved on: 
Friday, November 11, 2022

Munich/Mumbai/Mandeure, 10 November 2022 Mahindra & Mahindra Ltd. (M&M) and Mutares SE & Co. KGaA (ISIN: DE000A2NB650) today announced that Mutares has submitted an irrevocable binding offer to acquire 50% of equity and a controlling stake of 80% in Peugeot Motocycles (PMTC).

Key Points: 
  • Munich/Mumbai/Mandeure, 10 November 2022 Mahindra & Mahindra Ltd. (M&M) and Mutares SE & Co. KGaA (ISIN: DE000A2NB650) today announced that Mutares has submitted an irrevocable binding offer to acquire 50% of equity and a controlling stake of 80% in Peugeot Motocycles (PMTC).
  • Speaking about the announcement, Rajesh Jejurikar, Executive Director, Auto & Farm Sectors, M&M, said, We are delighted to welcome Mutares to Peugeot Motocycles.
  • The Management Board and Supervisory Board together hold more than one third of all Mutares shares with voting rights.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).