Mutares

EQS-News: Pareto Securities further extended its leadership position on record activity in the Nordic HY bond market in Q1 2024

Retrieved on: 
Friday, May 3, 2024
USD, EUR, SME, Mutares, Pareto, Acquisition, Growth, Beauty, Security (finance)

The Nordic High-Yield Bond market started strong in 2024, with several significant transactions closing in the first quarter and setting a new record for activity.

Key Points: 
  • The Nordic High-Yield Bond market started strong in 2024, with several significant transactions closing in the first quarter and setting a new record for activity.
  • Amidst this buoyant atmosphere, German issuers also capitalized on the favorable market conditions offered by the Nordic Bond format.
  • Capitalizing on this tailwind, Pareto Securities further expanded its leadership position in the Nordic HY Bond market in Q1 2024, with a market share of 31% in the overall market, a 66% market share in EUR-denominated Nordic HY bonds, and a 66% market share for private equity-backed transactions.
  • Outside the Nordic Bond format, however, the German SME bond market witnessed marginal activity in the first quarter of 2024.

EQS-News: Mutares with successful fiscal year 2023: Net income of Mutares Holding increases to EUR 102.5 million – dividend of EUR 2.25 per share planned

Retrieved on: 
Wednesday, April 10, 2024
Annual, Tax, Holding company, Growth, Supervisory board, Frankfurt Stock Exchange, Policy, Acquisition, Sale, SDAX, SMP, Investment, Annual report, Mutares, Mobility, Depreciation, Regulated market, MUX, Service, HQ, Film industry

Mutares with successful fiscal year 2023: Net income of Mutares Holding increases to EUR 102.5 million – dividend of EUR 2.25 per share planned

Key Points: 
  • Mutares with successful fiscal year 2023: Net income of Mutares Holding increases to EUR 102.5 million – dividend of EUR 2.25 per share planned
    The issuer is solely responsible for the content of this announcement.
  • The net income of Mutares Holding for the fiscal year 2023 increased to EUR 102.5 million, compared with EUR 72.9 million in the previous year.
  • The Mutares Group generated revenues of EUR 4,689.1 million in the fiscal year 2023 (previous year: EUR 3,751.7 million).
  • Accordingly, net income in the Holding Company is expected to be in the range of EUR 125 million to EUR 150 million for the fiscal year 2025 and EUR 200 million for the fiscal year 2028.

Iveco Group announces an agreement with Mutares to transfer the ownership of MAGIR

Retrieved on: 
Wednesday, March 13, 2024
Magirus, EXM, ASTRA, Iveco, Agriculture, IDV, FPT Industrial, IVG, IVECO, Mutares, Firefighter, HQ

Iveco Group (EXM: IVG) and Mutares SE & Co. KGaA (ISIN: DE000A2NB650), an investment holding focused on special situations transactions, announced today the signing of a definitive agreement for the transfer of ownership of Magirus GmbH and its affiliates performing firefighting business (“MAGIRUS”).

Key Points: 
  • Iveco Group (EXM: IVG) and Mutares SE & Co. KGaA (ISIN: DE000A2NB650), an investment holding focused on special situations transactions, announced today the signing of a definitive agreement for the transfer of ownership of Magirus GmbH and its affiliates performing firefighting business (“MAGIRUS”).
  • In 2023, MAGIRUS represented approximately 2% of Iveco Group revenues and recorded an Adjusted EBIT loss of €35 million.
  • As a result of this transaction, Iveco Group 2024 results will be negatively impacted by approximately €115 million in the first quarter of 2024.
  • Iveco Group employs more than 35,000 people around the world and has 20 industrial sites and 29 R&D centres.

EQS-News: Mutares has successfully sold its portfolio company Frigoscandia to Dachser

Retrieved on: 
Wednesday, March 13, 2024
Acquisition, Supervisory board, HQ, MUX, Mutares, EUR, Regulated market, SDAX, GKT, Frankfurt Stock Exchange, Film industry

Munich, March 4, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company Frigoscandia to Dachser, a global leader in groupage logistics.

Key Points: 
  • Munich, March 4, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company Frigoscandia to Dachser, a global leader in groupage logistics.
  • Headquartered in Helsingborg, Sweden, Frigoscandia is a full-service provider of temperature-controlled logistics in the Nordic market.
  • With around 1,300 people the company generated more than EUR 300 million in revenues in 2023.
  • 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 83.08% equity of the TeamTex group from Nania Developpement and Crédit Mutuel Equity

Retrieved on: 
Saturday, December 30, 2023
The Walt Disney Company, Acquisition, Regulated market, HQ, Frankfurt Stock Exchange, MUX, EUR, Supervisory board, Mutares, Safety, Retail, Child

Manufacturer of child restraint systems, through plastic injection moulding and blow moulding

Key Points: 
  • Manufacturer of child restraint systems, through plastic injection moulding and blow moulding
    Munich, December 19, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of 83.08% of TeamTex Management and its subsidiaries (“TeamTex”) from Nania Developpement and Crédit Mutuel Equity.
  • Headquartered in Charvieu-Chavagneux, France, with around 250 employees, TeamTex manufactures child restraint systems (car seats and accessories) through plastic injection moulding and blow moulding.
  • With this acquisition, Mutares intends to grow its exposure to the manufacturing and distribution of products for children and families.
  • Mutares also expect to further develop commercial relationships between TeamTex and its other portfolio company Prénatal in the Netherlands.

EQS-News: Mutares has successfully completed the acquisition of SRT Group from Geopost SA

Retrieved on: 
Tuesday, December 26, 2023
HQ, Supervisory board, Regulated market, MUX, Mutares, Goods, EUR, Frankfurt Stock Exchange, Food, City, Acquisition

Provider of urban on-demand last mile delivery services for food, grocery, and retail players

Key Points: 
  • Provider of urban on-demand last mile delivery services for food, grocery, and retail players
    Munich, November 30, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of SRT Group ("Stuart") from Geopost SA.
  • The company will strengthen the Goods & Services segment as a new platform while further increasing Mutares’ presence in the logistics and transport sector across Europe.
  • 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: Mutares announces change in the Management Board and confirms long-term growth strategy

Retrieved on: 
Monday, December 25, 2023
Regulated market, Supervisory board, WAGO (company), Frankfurt Stock Exchange, Robin, MUX, CFO, HQ, EUR, Film industry, Mutares

Johannes Laumann, who has been a member of the Management Board since 2019, asked the Supervisory Board for a personal sabbatical.

Key Points: 
  • Johannes Laumann, who has been a member of the Management Board since 2019, asked the Supervisory Board for a personal sabbatical.
  • Mutares is excellently positioned for its growth plans in the area of M&A.
  • Mark Friedrich has been with Mutares for over ten years and has been a member of the Company's Management Board since April 2015.
  • The Management Board and Supervisory Board together hold more than one-third of all Mutares shares with voting rights.

EQS-News: Thirteenth acquisition in 2023: Mutares has signed an agreement to acquire PRINZ Kinematics GmbH from AL-KO

Retrieved on: 
Monday, December 25, 2023
Mobility, Frankfurt Stock Exchange, Original equipment manufacturer, EUR, MUX, Supervisory board, Daimler Truck, ISH, BMW, Mercedes-Benz, Regulated market, OEM, HQ, Acquisition, KICO, Volvo, Ruse, Publishing, Film industry, Mutares

Munich, November 24, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire PRINZ Kinematics GmbH (“PRINZ”) from AL-KO.

Key Points: 
  • Munich, November 24, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire PRINZ Kinematics GmbH (“PRINZ”) from AL-KO.
  • With the four companies KICO, ISH, High Precision Components and PRINZ, Mutares is planning total revenues of approx.
  • Robin Laik, CEO and founder of Mutares, comments: "With the acquisition of PRINZ in Germany, we are further expanding our Automotive & Mobility segment.
  • The Management Board and Supervisory Board together hold more than one-third of all Mutares shares with voting rights.

EQS-News: Eighth exit in 2023: Mutares has signed an agreement to sell Frigoscandia to Dachser

Retrieved on: 
Thursday, December 21, 2023
Supervisory board, Growth, SDAX, EUR, HQ, Frankfurt Stock Exchange, Regulated market, Acquisition, Geography, ISIN, CFO, MUX, Security (finance), Film industry, Mutares

Munich, December 21, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) today announces that it has signed an agreement to sell its portfolio company Frigoscandia to Dachser.

Key Points: 
  • Munich, December 21, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) today announces that it has signed an agreement to sell its portfolio company Frigoscandia to Dachser.
  • Headquartered in Helsingborg, Sweden, the company employs around 1,300 people and generates more than EUR 300 million in revenues in 2023.
  • The management team of Frigoscandia has done a fantastic job implementing all the improvement measures together with our team on the ground at Frigoscandia.
  • As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding.

EQS-News: Fourteenth acquisition in 2023: Mutares has signed an agreement to acquire 83.08% equity of the TeamTex group from Nania Developpement and Crédit Mutuel Equity

Retrieved on: 
Thursday, December 14, 2023
ISIN, Regulated market, Child, EUR, Frankfurt Stock Exchange, Supervisory board, The Walt Disney Company, HQ, Mutares, MUX, Security (finance)

Manufacturer of child restraint systems, through plastic injection moulding and blow moulding

Key Points: 
  • Manufacturer of child restraint systems, through plastic injection moulding and blow moulding
    Munich, November 29, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire 83.08% of TeamTex Management and its subsidiaries (“TeamTex”) from Nania Developpement and Crédit Mutuel Equity.
  • TeamTex is headquartered in Charvieu-Chavagneux, France, and manufactures child restraint systems (car seats and accessories) thanks to its plastic injection moulding and blow moulding capabilities.
  • With sales points in over 56 countries, either directly or through local distributors, TeamTex is a leader in its industry generating 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).