Mutares

EQS-News: Ninth acquisition in 2023: Mutares has submitted an irrevocable proposal for a majority investment in Sofinter (currently participated by Gammon Group)

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Tuesday, October 17, 2023
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Munich, October 12, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has submitted an irrevocable proposal, indirectly through a controlled acquisition vehicle incorporated under the laws of Italy, to invest in Sofinter Group by way of acquisition of a large majority stake.

Key Points: 
  • Munich, October 12, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has submitted an irrevocable proposal, indirectly through a controlled acquisition vehicle incorporated under the laws of Italy, to invest in Sofinter Group by way of acquisition of a large majority stake.
  • Sofinter is a leading player specialized in designing and manufacturing of steam generators for different markets to further strengthen the Engineering & Technology segment.
  • The closing of the transaction is expected before the end of 2023 and is subject to the final approval by the lending banks.
  • The Management Board and Supervisory Board together hold more than one third of all Mutares shares with voting rights.

EQS-News: Mutares has successfully sold its portfolio company Special Melted Products Ltd. to Cogne Acciai Speciali S.p.A.

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Monday, September 25, 2023
Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, ATI, Regulated market, Frankfurt Stock Exchange, Allegheny Technologies, SMP, Stainless steel, Sale, MUX, EUR, Superalloy, HQ, Acquisition, Aerospace, Supervisory board, ISIN, CAS, Growth, Ironworks, Mutares

Mutares has successfully sold its portfolio company Special Melted Products Ltd. to Cogne Acciai Speciali S.p.A.

Key Points: 
  • Mutares has successfully sold its portfolio company Special Melted Products Ltd. to Cogne Acciai Speciali S.p.A.
  • Mutares has successfully sold its portfolio company Special Melted Products Ltd. to Cogne Acciai Speciali S.p.A.
  • EUR 150 million
    Munich, September 19, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company Special Melted Products Ltd. (SMP) to Cogne Acciai Speciali S.p.A. (CAS).
  • With the sale to Cogne Acciai Speciali, a leading supplier of stainless steel and nickel alloy long products, proceeds of ca.

EQS-News: Mutares updates dividend strategy: minimum dividend of EUR 2.00 per share per fiscal year

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Monday, September 25, 2023
Financial Oversight and Management Board for Puerto Rico, Regulated market, Frankfurt Stock Exchange, MUX, EUR, HQ, Supervision, Supervisory board, ISIN, SE, Growth, Security (finance), Publishing, Mutares

Accordingly, the Management Board continues to adhere to a sustainably designed dividend strategy, which now provides for a minimum annual dividend of EUR 2.00 per dividend-bearing share for the shareholders in the future, thus doubling the base dividend of EUR 1.00 per share previously communicated by Mutares as a minimum annual target.

Key Points: 
  • Accordingly, the Management Board continues to adhere to a sustainably designed dividend strategy, which now provides for a minimum annual dividend of EUR 2.00 per dividend-bearing share for the shareholders in the future, thus doubling the base dividend of EUR 1.00 per share previously communicated by Mutares as a minimum annual target.
  • In addition, it remains the Mutares goal to further increase the minimum dividend of EUR 2.00 per share per fiscal year in the future – in line with the targeted further dynamic growth of the Group – in the medium term.
  • For the fiscal year 2023, consolidated revenues of EUR 4.8 billion to EUR 5.4 billion are expected.
  • Accordingly, a net income in the holding company in the range of EUR 125 million to EUR 150 million is expected for the fiscal year 2025.

EQS-News: Seventh acquisition in 2023: Mutares has sent an irrevocable offer to acquire SRT Group

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Monday, September 25, 2023
Financial Oversight and Management Board for Puerto Rico, Food, Regulated market, Frankfurt Stock Exchange, MUX, EUR, HQ, Acquisition, Restaurant, Supervisory board, Stuart, ISIN, City, CIO, Transport, Retail, Mutares

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

Key Points: 
  • Provider of urban on-demand delivery services for food, grocery, and retail players
    Munich, September 18, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has sent an irrevocable offer to acquire SRT Group (“Stuart”) from Geopost SA.
  • The project is still subject  to consultation with the relevant work councils, and subject to authorization by the responsible control and governance bodies.
  • Johannes Laumann, CIO of Mutares, comments: “With Stuart, we are adding a new, high-growth platform to the Mutares portfolio.
  • 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: Sixth exit in 2023: Mutares has sold SABO-Maschinenfabrik GmbH to SABO Holding GmbH

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Saturday, September 16, 2023
Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, Regulated market, Frankfurt Stock Exchange, MUX, EUR, HQ, Acquisition, Supervisory board, ISIN, CIO, Security (finance), Publishing, Mutares

Munich, September 13, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has sold SABO-Maschinenfabrik GmbH to SABO Holding GmbH.

Key Points: 
  • Munich, September 13, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has sold SABO-Maschinenfabrik GmbH to SABO Holding GmbH.
  • SABO-Maschinenfabrik GmbH is one of the leading brands of high-quality lawn mowers and garden care products for private and commercial customers in 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 positions newly formed FerrAl United Group as global automotive supplier

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Tuesday, September 5, 2023
Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, Regulated market, Frankfurt Stock Exchange, Original equipment manufacturer, Forging, MUX, BNP Paribas, EUR, HQ, Acquisition, Iron, Engineering, Supervisory board, ISIN, Growth, CIO, Mobility, Film industry, Fine chemical, Mutares

25 locations worldwide planned

Key Points: 
  • 25 locations worldwide planned
    Munich, September 5, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) is announcing the formation of another globally active automotive supplier operating under the name FerrAl United.
  • FerrAl United will operate at approximately 25 locations worldwide with more than EUR 1 billion in revenues.
  • FerrAl United, as a newly formed specialist for ferrous and aluminium-based castings, forgings and machined components and assemblies for the automotive and transport market within the Mutares Automotive & Mobility segment, will have a significant role in its future growth development.
  • Johannes Laumann, CIO of Mutares, comments: "FerrAl United is the second large and long-pursued project with lighthouse character after Amaneos' newly formed wholly-owned subsidiary in March this year.

EQS-News: Mutares has successfully completed the acquisition of SELZER Group from INDUS

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Monday, September 4, 2023
Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, Regulated market, Frankfurt Stock Exchange, Original equipment manufacturer, MUX, EUR, Mutares, HQ, Acquisition, Tomos, Supervisory board, ISIN, Growth, CIE Automotive, Fine chemical

Munich, September 4, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of SELZER Group from INDUS.

Key Points: 
  • Munich, September 4, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of SELZER Group from INDUS.
  • Mutares plans to accelerate the growth of SELZER Group by redesigning the operational structures and processes and positioning the company as an assembly specialist.
  • 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 has successfully completed the acquisition of Recover Nordic Oy from Recover Group

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Friday, September 1, 2023
Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, Regulated market, Frankfurt Stock Exchange, Goods, Good Service Medal, Gold, MUX, EUR, Mutares, HQ, Acquisition, Water, Supervisory board, Disinfectant, ISIN, Security (finance)

Munich, September 1, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Recover Nordic Oy from Recover Group.

Key Points: 
  • Munich, September 1, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Recover Nordic Oy from Recover Group.
  • Recover Nordic Oy is a leading provider of property remediation services related to, for example, water and fire damages, odour, disinfection, and moisture.
  • Headquartered in Vantaa, and operating through its 19 branches, Recover Nordic Oy is able to reach ca.
  • 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 Gläserne Molkerei from Emmi Group

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Tuesday, August 22, 2023
Saskatchewan River Sturgeon Management Board, Regulated market, Frankfurt Stock Exchange, Cheese, MUX, Butter, Biodiversity, EUR, Mutares, HQ, Retail Food Group, Acquisition, Supervisory board, ISIN, Buttermilk, RTS Flexible Systems Ltd v Molkerei Alois Müller GmbH & Co KG, Growth, Food, Bank

Munich, August 14, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Gläserne Molkerei from Emmi Group.

Key Points: 
  • Munich, August 14, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Gläserne Molkerei from Emmi Group.
  • As a new platform acquisition, the company will strengthen the fourth segment Retail & Food of the Mutares portfolio, which was expanded in July 2023.
  • Gläserne Molkerei is characterized by its approach to regionality, biodiversity and sustainability throughout its entire value chain.
  • Mutares plans to accelerate the sustainable growth of Gläserne Molkerei with its customers.

EQS-News: Sixth acquisition in 2023: Mutares signed an agreement to acquire the forging business in Germany of CIE Automotive

Retrieved on: 
Thursday, August 10, 2023
Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, Regulated market, Frankfurt Stock Exchange, MUX, EUR, HQ, Friction, Acquisition, Tomos, Supervisory board, ISIN, CIO, CIE, CIE Automotive, Security (finance), Mutares

Munich, August 10, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire three forging businesses, namely Gesenkschmiede Schneider, Schöneweiss & Co. and Falkenroth Umformtechnik, from CIE Forgings Germany, ultimately owned by CIE Automotive S.A.

Key Points: 
  • Munich, August 10, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire three forging businesses, namely Gesenkschmiede Schneider, Schöneweiss & Co. and Falkenroth Umformtechnik, from CIE Forgings Germany, ultimately owned by CIE Automotive S.A.
  • 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).