Mutares

DGAP-News: Mutares SE & Co. KGaA: Balcke-Dürr sells Balcke-Dürr Polska after a successful turnaround to the Wallstein Group

Retrieved on: 
Thursday, April 16, 2020

Munich, 16 April 2020 - Balcke-Drr, a holding of Mutares SE & Co. KGaA (ISIN: DE000A2NB650), has sold Balcke-Drr Polska to the Wallstein Group after successful turnaround.

Key Points: 
  • Munich, 16 April 2020 - Balcke-Drr, a holding of Mutares SE & Co. KGaA (ISIN: DE000A2NB650), has sold Balcke-Drr Polska to the Wallstein Group after successful turnaround.
  • Mutares has acquired the company as part of the Balcke-Drr Group transaction in November 2016.
  • Since taking over the Balcke-Drr Group from SPX Corporation based in Charlotte, USA, Balcke-Drr Polska has been thoroughly repositioned.
  • The shares of Mutares SE are listed on Frankfurt Stock Exchange under the ticker symbol "MUX" (ISIN: DE000A2NB650 ).