Mutares

EQS-News: Mutares SE & Co. KGaA: Tenth acquisition in 2022: Mutares has signed an irrevocable offer to acquire a plant of an automotive supplier in France

Retrieved on: 
Friday, September 23, 2022

The plant, which will generate revenues of around EUR 200 million in 2022, employs 740 people and has a long tradition of producing premium transmissions for the automotive industry.

Key Points: 
  • The plant, which will generate revenues of around EUR 200 million in 2022, employs 740 people and has a long tradition of producing premium transmissions for the automotive industry.
  • We therefore see great potential for the business as part of our portfolio," comments Johannes Laumann, CIO of Mutares.
  • As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding.
  • 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: Third exit in 2022: Mutares signs agreement to sell Nordec Group Oyj

Retrieved on: 
Thursday, September 22, 2022

With the planned exit, Mutares achieves the target of a ROIC of 7-10x and proves the ability for fast growth and value creation through operational excellence and synergies.

Key Points: 
  • With the planned exit, Mutares achieves the target of a ROIC of 7-10x and proves the ability for fast growth and value creation through operational excellence and synergies.
  • The sale of Nordec Group to a strategic investor is a win-win situation for all parties involved.
  • Johannes Laumann, CIO of Mutares, comments: "I am firmly convinced that the exit option now chosen represents the optimum for all parties.
  • 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 Sirti Energia

Retrieved on: 
Thursday, September 22, 2022

Add-on acquisition for EXI S.p.A.

Key Points: 
  • Add-on acquisition for EXI S.p.A.
    Munich, 22 September 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Sirti Energia S.p.A as an add-on acquisition for EXI.
  • Sirti Energia is headquartered in Milan and is one of Italy's leading providers of construction and maintenance services in the energy infrastructure market.
  • Sirti Energia specializes in the design, construction and maintenance of underground and aerial power transmission and distribution grids and generates revenues of approx.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).

DGAP-News: Mutares has successfully completed the acquisition of Cimos d.d.

Retrieved on: 
Wednesday, September 14, 2022

Mutares has successfully completed the acquisition of Cimos d.d.

Key Points: 
  • Mutares has successfully completed the acquisition of Cimos d.d.
  • Mutares has successfully completed the acquisition of Cimos d.d.
  • Munich, 14September 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Cimos d.d.
  • The closing of this transaction marks the first acquisition of the new office in Vienna and strengthens the Automotive & Mobility segment as a new platform acquisition.

DGAP-News: Mutares SE & Co. KGaA: Ninth acquisition in 2022: Mutares has signed an agreement to acquire Steyr Motors Betriebs GmbH and Steyr Motors Immo GmbH

Retrieved on: 
Thursday, September 8, 2022

Munich, 8 September 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Steyr Motors Betriebs GmbH and Steyr Motors Immo GmbH from Thales Austria GmbH, with a production site in Austria and a total of around 130 employees.

Key Points: 
  • Munich, 8 September 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Steyr Motors Betriebs GmbH and Steyr Motors Immo GmbH from Thales Austria GmbH, with a production site in Austria and a total of around 130 employees.
  • The closing of the transaction is subject to regulatory approvals and is expected before the end of the year.
  • The extremely robust, field-proven high-performance engines are based on a state-of-the-art technology and have a strong innovation pipeline ahead.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).

DGAP-News: Mutares SE & Co. KGaA: Mutares increases consolidated revenues by 60% in the first half of the year – Target of at least EUR 4.0 billion consolidated revenues for 2022

Retrieved on: 
Thursday, August 11, 2022

Revenues and dividends from the portfolio result in the so-called "Portfolio Income", which amounts to EUR 32.6 million for the first half of 2022 (H1 2021: EUR 23.0 million).

Key Points: 
  • Revenues and dividends from the portfolio result in the so-called "Portfolio Income", which amounts to EUR 32.6 million for the first half of 2022 (H1 2021: EUR 23.0 million).
  • The Mutares Group generated revenues of EUR 1,754.6 million in the first half of 2022 (H1 2021: EUR 1,093.9 million).
  • Segment EBITDA amounted to EUR -40.3 million in the first half of 2022 (H1 2021: EUR -2.6 million), while Adjusted EBITDA was EUR -36.5 million (H1 2021: EUR 4.7 million).
  • Revenues of the Goods & Services segment amounted to EUR 746.8 million in the first half of 2022 (H1 2021: EUR 327.9 million).

DGAP-News: Mutares SE & Co. KGaA: ​​​​​​​Eighth Acquisition in 2022: Mutares acquires Sirti Energia from Sirti Group, ultimately controlled by Pillarstone and KKR

Retrieved on: 
Tuesday, July 19, 2022

Mutares SE & Co. KGaA: Eighth Acquisition in 2022: Mutares acquires Sirti Energia from Sirti Group, ultimately controlled by Pillarstone and KKR

Key Points: 
  • Mutares SE & Co. KGaA: Eighth Acquisition in 2022: Mutares acquires Sirti Energia from Sirti Group, ultimately controlled by Pillarstone and KKR
    The issuer is solely responsible for the content of this announcement.
  • Eighth Acquisition in 2022: Mutares acquires Sirti Energia from Sirti Group, ultimately controlled by Pillarstone and KKR
    Add-on acquisition to Mutares portfolio company EXI S.p.A.
  • EUR 60 million
    Munich, 19July 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Sirti Energia S.p.A. from Sirti S.p.A. ultimately controlled by Pillarstone and KKR as an add-on acquisition to EXI.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).

DGAP-News: Mutares SE & Co. KGaA: Mutares successfully completed the acquisition of Sealynx International and its subsidiaries from GMD Group

Retrieved on: 
Monday, July 11, 2022

Munich, 11 July 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Sealynx International and its subsidiaries from GMD Group.

Key Points: 
  • Munich, 11 July 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Sealynx International and its subsidiaries from GMD Group.
  • Sealynx International is headquartered in Charleval, France, and has production sites in France, Morocco and Romania.
  • In 2021 the company generated revenues of more than EUR 60 million and employed over 700 people with recognized know-how.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).

DGAP-News: Mutares: Nordec Group Corporation cancels its IPO on the Nasdaq First North Growth Market in Finland and Mutares takes management decision to currently not proceed with a potential bond issue

Retrieved on: 
Wednesday, June 29, 2022

Despite the strong interest from institutional and retail investors, Nordec has decided not to further go ahead with the planned IPO due to the present unstable market situation.

Key Points: 
  • Despite the strong interest from institutional and retail investors, Nordec has decided not to further go ahead with the planned IPO due to the present unstable market situation.
  • Nordec will now focus on further driving its excellent performance, to reach its strategic targets for the coming months.
  • However, the abnormal capital market conditions and the still existing uncertainties may have led to unstable effects during and after the IPO placement.
  • The Management Board and Supervisory Board together hold more than one third of all Mutares shares with voting rights.

DGAP-News: Mutares SE & Co. KGaA: Seventh Acquisition in 2022: Mutares acquires Heat Transfer Technology from Siemens Energy B.V.

Retrieved on: 
Monday, June 20, 2022

Mutares SE & Co. KGaA: Seventh Acquisition in 2022: Mutares acquires Heat Transfer Technology from Siemens Energy B.V.

Key Points: 
  • Mutares SE & Co. KGaA: Seventh Acquisition in 2022: Mutares acquires Heat Transfer Technology from Siemens Energy B.V.
  • Seventh Acquisition in 2022: Mutares acquires Heat Transfer Technology from Siemens Energy B.V.
    New platform investment which before joining Siemens Energy operated under the NEM Energy brand in Zoeterwoude, the Netherlands
    Munich / Amsterdam, 20June 2022 Mutares SE & Co KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Heat Transfer Technology from Siemens Energy B.V.
  • With the acquisition of Heat Transfer Technology we are strengthening our Engineering & Technology segment and expect significant synergy effects with the business of our subsidiary Balcke-Drr.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).