EQS-News: First acquisition in 2023: Mutares signed agreement to acquire majority stake of BEW-Umformtechnik from Marigold Capital
Munich, 17 March 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire 87.5% of the BEW-Umformtechnik GmbH, a producer of highly stressed forged parts, from the majority shareholder Marigold Capital as well as the minority shareholder Markus Schramek.
- Munich, 17 March 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire 87.5% of the BEW-Umformtechnik GmbH, a producer of highly stressed forged parts, from the majority shareholder Marigold Capital as well as the minority shareholder Markus Schramek.
- The company is headquartered in Rosengarten, Germany and operates mainly in Europe with a strong presence in Germany.
- 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).