Mutares

EQS-News: Mutares has successfully completed the acquisition of the Prénatal activities in the Netherlands from PRG Retail Group

Retrieved on: 
Thursday, December 14, 2023

Market-leading Dutch retailer in baby, toddler, and maternity wear, hard goods and toys

Key Points: 
  • Market-leading Dutch retailer in baby, toddler, and maternity wear, hard goods and toys
    Munich, December 1, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of the Prénatal stores and e-commerce activities in the Netherlands from the PRG Retail Group.
  • The Company will enter into an exclusive license agreement to utilize and promote Prénatal and its portfolio brands in the Netherlands.
  • Headquartered in Amersfoort, the Netherlands, Prénatal (Netherlands) is a market-leading retailer with a wide range of products covering baby, toddler, and maternity wear, as well as hard goods and toys.
  • In the Netherlands, Prénatal consists of its retail Prénatal activities and its 100% subsidiary WIJ Special Media (“WSM”).

EQS-News: Mutares included in the MSCI Germany Small Cap Index

Retrieved on: 
Wednesday, December 13, 2023

Inclusion in the MSCI Germany Small Cap Index on November 30, after close of trading

Key Points: 
  • Inclusion in the MSCI Germany Small Cap Index on November 30, after close of trading
    Munich, November 17, 2023 – The shares of Mutares SE & Co. KGaA (ISIN: DE000A2NB650) will be promoted within the index family of the US financial services provider MSCI Inc. As announced by MSCI within the quarterly index review, Mutares will be included in the MSCI Germany Small Cap Index.
  • "The selection of the Mutares shares as part of the current index review by MSCI is a great success for our Company on the capital market and a well-deserved reward for our hard work in recent years.
  • At the same time, the Mutares share is becoming even more attractive, especially for institutional investors.
  • 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 has entered into exclusive negotiations to acquire 80% equity of the TeamTex group from Nania Developpement and Credit Mutuel Equity

Retrieved on: 
Tuesday, November 7, 2023

Manufacturer of child restraint systems, specialized in plastic injection moulding and blow moulding

Key Points: 
  • Manufacturer of child restraint systems, specialized in plastic injection moulding and blow moulding
    Munich, October 30, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has entered into exclusive negotiations with Nania Developpement to acquire 80% of the TeamTex Management and its subsidiaries (“TeamTex”) from Nania Developpement and Credit Mutuel Equity.
  • TeamTex manufactures child restraint systems (car seats and accessories) thanks to its plastic injection moulding and blow moulding capabilities.
  • The realization of the considered transaction is still dependent on final agreements with the company’s sellers and stakeholders and is expected in Q4 2023.
  • Headquartered in Charvieu-Chavagneux, France, the company employs close to 250 employees, with manufacturing capacity of over 17,000 units per day.

EQS-News: Eleventh acquisition in 2023: Mutares signed an agreement to acquire High Precision Components Witten GmbH from Westebbe Verwaltungs GmbH and Peter Flaschel

Retrieved on: 
Tuesday, November 7, 2023

Munich, November 6, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire High Precision Components Witten GmbH from Westebbe Verwaltungs GmbH and Peter Flaschel.

Key Points: 
  • Munich, November 6, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire High Precision Components Witten GmbH from Westebbe Verwaltungs GmbH and Peter Flaschel.
  • High Precision Components Witten GmbH, a leading Tier 1 automotive supplier, will join KICO & ISH, strengthening the group's presence in the market.
  • Founded in 2015 with roots dating back to 1901, High Precision Components is based in Witten, Germany.
  • By investing in High Precision Components Witten GmbH, Mutares underlines its commitment to strengthening the Automotive & Mobility segment and expanding its portfolio.

EQS-News: Tenth acquisition in 2023: Mutares has successfully completed the acquisition of Walor International and its subsidiaries

Retrieved on: 
Tuesday, November 7, 2023

Munich, October 31, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Walor International from its shareholders Lorinvest, BNP Paribas Développement and Sodero Gestion.

Key Points: 
  • Munich, October 31, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Walor International from its shareholders Lorinvest, BNP Paribas Développement and Sodero Gestion.
  • The company will strengthen the Mutares Group’s strong presence in the production of metal parts for automotive OEMs and Tier-1 suppliers.
  • Walor International is headquartered in Laval, France, and employs more than 1,200 staff across 11 production sites worldwide.
  • 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: Twelfth acquisition in 2023: Mutares has signed an agreement to acquire the Prénatal activities in the Netherlands

Retrieved on: 
Tuesday, November 7, 2023

The Company will enter into an exclusive license agreement to utilize and promote Prénatal and its portfolio brands in the Netherlands.

Key Points: 
  • The Company will enter into an exclusive license agreement to utilize and promote Prénatal and its portfolio brands in the Netherlands.
  • Prénatal (Netherlands) has a leading position both as an e-commerce and brick-and-mortar store, selling a wide variety of products and brands.
  • In the Netherlands, Prénatal consists of Prénatal Moeder en Kind BV (‘PMK’) and its 100% subsidiary WIJ Special Media BV (‘WSM’).
  • Mark Friedrich, CFO of Mutares, comments: "With the acquisition of Prénatal in the Netherlands, we are further strengthening our Retail & Food segment.

EQS-News: Mutares has successfully completed the acquisition of Efacec from the Portuguese State

Retrieved on: 
Tuesday, November 7, 2023

Third acquisition of Mutares Iberia and second platform investment in the region, strengthening the Engineering & Technology segment

Key Points: 
  • Third acquisition of Mutares Iberia and second platform investment in the region, strengthening the Engineering & Technology segment
    Munich, November 1, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Efacec from the Portuguese State (Participações Públicas (SGPS), S.A.) as part of the re-privatization process launched in late 2022.
  • Efacec will strengthen the Engineering & Technology segment as third acquisition and second platform investment in Iberia.
  • Efacec is an ideal addition to the Mutares portfolio and will benefit from a strong platform through which value-enhancing improvements will be achieved.
  • 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 has successfully completed the acquisition of the forging business in Germany of CIE Automotive

Retrieved on: 
Tuesday, October 17, 2023

Munich, October 16, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of the three forging businesses, namely Gesenkschmiede Schneider, Schöneweiss & Co. and Falkenroth Umformtechnik, ultimately owned by CIE Automotive S.A., from CIE Forging Germany.

Key Points: 
  • Munich, October 16, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of the three forging businesses, namely Gesenkschmiede Schneider, Schöneweiss & Co. and Falkenroth Umformtechnik, ultimately owned by CIE Automotive S.A., from CIE Forging Germany.
  • The transaction will further strengthen the FerrAl United Group, a supplier of multi-material machined solutions and systems, as an add-on acquisition.
  • The three companies, headquartered in Germany, are specialized in forging and machining with a focus on customers in the truck market.
  • 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: new medium-term targets for 2028 – growth to EUR 10 billion in consolidated revenues planned

Retrieved on: 
Tuesday, October 17, 2023

Mutares has fixed its ambitious growth plans as the next milestone in new medium-term targets.

Key Points: 
  • Mutares has fixed its ambitious growth plans as the next milestone in new medium-term targets.
  • Based on the communicated target of EUR 4.8 billion to EUR 5.4 billion in consolidated revenues and EUR 92 million to EUR 112 million in net income for the Mutares Holding for the current fiscal year, consolidated revenues are expected to grow to EUR 10.0 billion by 2028.
  • I am confident that we can successfully continue on this path and reach consolidated revenues of EUR 10.0 billion by 2028.
  • For the fiscal year 2023, consolidated revenues of EUR 4.8 billion to EUR 5.4 billion are expected.

EQS-News: Eighth acquisition in 2023: Mutares has successfully completed the acquisition of the assets of Holland Industrial Construction Systems Coöperatief U.A. and its subsidiaries

Retrieved on: 
Tuesday, October 17, 2023

Eighth acquisition in 2023: Mutares has successfully completed the acquisition of the assets of Holland Industrial Construction Systems Coöperatief U.A.

Key Points: 
  • Eighth acquisition in 2023: Mutares has successfully completed the acquisition of the assets of Holland Industrial Construction Systems Coöperatief U.A.
  • Eighth acquisition in 2023: Mutares has successfully completed the acquisition of the assets of Holland Industrial Construction Systems Coöperatief U.A.
  • and its subsidiaries (‘Byldis’)
    Munich, October 11, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of assets of Holland Industrial Construction Systems Coöperatief U.A.
  • The Management Board and Supervisory Board together hold more than one third of all Mutares shares with voting rights.