Mutares

EQS-News: Mutares SE & Co. KGaA: Mutares has signed an agreement to acquire a plant of an automotive supplier in Bordeaux

Retrieved on: 
Sunday, January 22, 2023
ISIN, Sale, Plant, Regulated market, Saskatchewan River Sturgeon Management Board, Supervisory board, MUX, Acquisition, KICO, LMS, Frankfurt Stock Exchange, EUR, Automotive industry, Mobility, HQ, Gasoline, Bank, Mutares

The closing of the transaction, which is subject to certain conditions precedent, and the rebranding are expected in the first quarter of 2023.

Key Points: 
  • The closing of the transaction, which is subject to certain conditions precedent, and the rebranding are expected in the first quarter of 2023.
  • 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).

EQS-News: Fifth exit in 2022: Mutares has successfully sold its portfolio company STF Balcke-Dürr to C Capital

Retrieved on: 
Sunday, January 22, 2023
ISIN, NEM, Regulated market, Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, Supervisory board, MUX, Frankfurt Stock Exchange, Mutares, EUR, STF, HQ, CIO, Engineering, KSHI, Sale, Pharmaceutical industry, Fine chemical

Munich, 22 December 2022 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company STF Balcke-Dürr S.r.l., which has been part of the Balcke-Dürr Group, to C Capital S.r.l.

Key Points: 
  • Munich, 22 December 2022 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company STF Balcke-Dürr S.r.l., which has been part of the Balcke-Dürr Group, to C Capital S.r.l.
  • The company is active in the development, design, production and on-site assembly of heat exchanger components, titanium components and air filtration systems for various sectors.
  • Johannes Laumann, CIO of Mutares SE & Co. KGaA, comments: “STF Balcke-Dürr sale marks our fifth exit in 2022.
  • As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding.

EQS-News: Second exit in 2023: Mutares has signed an agreement to sell Lacroix + Kress GmbH to Superior Essex

Retrieved on: 
Sunday, January 22, 2023
Magnet, ISIN, LS Group, Regulated market, Saskatchewan River Sturgeon Management Board, Supervisory board, MUX, Acquisition, Frankfurt Stock Exchange, Mutares, EUR, Automotive industry, HQ, CIO, Sale, Central Europe, Bramsche, Superior Essex

Munich, 10 January 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to sell its portfolio company Lacroix + Kress GmbH to Superior Essex Global LLC.

Key Points: 
  • Munich, 10 January 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to sell its portfolio company Lacroix + Kress GmbH to Superior Essex Global LLC.
  • Lacroix + Kress distinguishes itself in the market through high quality oxygen free copper and its unique manufacturing capabilities.
  • The sale of Lacroix + Kress to Superior Essex follows Mutares’ ‘best new owner’ approach and enables a vertical integration of the two businesses.
  • “I am very pleased to announce our second successful exit in 2023 with the sale of Lacroix + Kress.

EQS-News: Fourteenth acquisition in 2022: Mutares signs agreement to acquire Palmia Oy from the City of Helsinki

Retrieved on: 
Sunday, December 18, 2022
Finnish Competition and Consumer Authority, City, CIO, Good Service Medal, Gold, Saskatchewan River Sturgeon Management Board, Palmia, ISIN, Goods, Regulated market, Mutares, HQ, Frankfurt Stock Exchange, EUR, Supervisory board, MUX, Food, Bank

within foods/restaurants, cleaning, real estate and security

Key Points: 
  • within foods/restaurants, cleaning, real estate and security
    Munich, 14 December 2022 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Palmia Oy from the City of Helsinki.
  • Palmia Oy offers food, real estate, cleaning, and security services in 12 different municipalities throughout southern Finland.
  • The company was incorporated in 2015 by the City of Helsinki and generated revenue of EUR 104 million in 2021 with ca.
  • Johannes Laumann, CIO of Mutares SE & Co. KGaA, comments: „With this transaction Mutares further builds on its successful presence in Finland.

EQS-News: Mutares has successfully sold its portfolio company Royal de Boer to Turntide Technologies

Retrieved on: 
Friday, December 2, 2022
ISIN, Sale, MUX, Regulated market, GEA Group, Mutares, Saskatchewan River Sturgeon Management Board, Frankfurt Stock Exchange, Ventilation, HQ, Acquisition, Supervisory board, EUR, Fine chemical

Munich, Amsterdam, 2December 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company Royal de Boer to Turntide Technologies, a United States-based innovator with a focus on technology and sustainability.

Key Points: 
  • Munich, Amsterdam, 2December 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company Royal de Boer to Turntide Technologies, a United States-based innovator with a focus on technology and sustainability.
  • Royal de Boer has its headquarters and production facility in Leeuwarden, Netherlands, and was acquired from GEA Farm Technologies in 2020.
  • To further advance Royal de Boers ambitions, the sale to the global provider of technology solutions for environmental systems in agricultural facilities, the Turntide Technologies group, is the optimal next step.
  • 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 Heat Transfer Technology (NEM Energy) from Siemens Energy B.V.

Retrieved on: 
Thursday, December 1, 2022
Transfer, MUX, Engineering, Saskatchewan River Sturgeon Management Board, HQ, Regulated market, Frankfurt Stock Exchange, NEM, ISIN, Supervisory board, Timeline of heat engine technology, EUR, Acquisition, Machine, Mutares

Mutares has successfully completed the acquisition of Heat Transfer Technology (NEM Energy) from Siemens Energy B.V.

Key Points: 
  • Mutares has successfully completed the acquisition of Heat Transfer Technology (NEM Energy) from Siemens Energy B.V.
  • Mutares has successfully completed the acquisition of Heat Transfer Technology (NEM Energy) from Siemens Energy B.V.
    Munich, Amsterdam, 1 December 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Heat Transfer Technology from Siemens Energy B.V.
  • This new platform investment is strengthening the Engineering & Technology segment and will operate under the name NEM Energy B.V.
  • The exhaust and diverter solutions business is located in Recklinghausen, Germany, and is an integral part of NEM Energy B.V.

EQS-News: Mutares has successfully completed the acquisition of Steyr Motors Betriebs GmbH and Steyr Motors Immo GmbH

Retrieved on: 
Wednesday, November 30, 2022
Growth, MUX, Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, HQ, Regulated market, Frankfurt Stock Exchange, Mutares, ISIN, Steyr Motors GmbH, Supervisory board, EUR, Acquisition, Rail transport

Munich, 30 November 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Steyr Motors Betriebs GmbH and Steyr Motors Immo GmbH from Thales Austria GmbH.

Key Points: 
  • Munich, 30 November 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Steyr Motors Betriebs GmbH and Steyr Motors Immo GmbH from Thales Austria GmbH.
  • Steyr Motors is headquartered in Steyr, Austria, and currently employs around 130 people.
  • The high-performance engines that Steyr Motors manufactures are based on state-of-the-art technology and the company has a strong innovation pipeline.
  • Steyr Motors aims to achieve sustainable growth through continuous further development of the products and expansion of the service offerings.

EQS-News: Mutares has successfully completed the acquisition of Götene Kyltransporter AB

Retrieved on: 
Sunday, November 27, 2022
MUX, Saskatchewan River Sturgeon Management Board, HQ, Regulated market, Frankfurt Stock Exchange, Mutares, Transport, ISIN, Supervisory board, EUR, Nordic, Acquisition, Bank

Munich, 21 November 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of all shares in Gtene Kyltransporter AB from private owners.

Key Points: 
  • Munich, 21 November 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of all shares in Gtene Kyltransporter AB from private owners.
  • This is the second add-on acquisition for the Mutares portfolio company Frigoscandia in 2022 after the acquisition of Polar Frakt AS and the twelfth acquisition of Mutares in 2022.
  • Gtene Kyltransporter, headquartered in Gtene, Sweden, employs around 250 people and is a provider of temperature-controlled logistics.
  • 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: Mahindra partners with Mutares for transforming Peugeot Motocycles

Retrieved on: 
Friday, November 11, 2022
Mobility, Peugeot, Mahindra Group, ESG, OEM, Regulated market, ISIN, Financial Oversight and Management Board for Puerto Rico, Sale, HQ, Information technology, THACO, Frankfurt Stock Exchange, Mahindra, Supervisory board, M&M, Growth, Agriculture, CIO, Industry, EUR, History, Acquisition, MUX, Motor vehicle, Peugeot Motocycles, Mutares

Munich/Mumbai/Mandeure, 10 November 2022 Mahindra & Mahindra Ltd. (M&M) and Mutares SE & Co. KGaA (ISIN: DE000A2NB650) today announced that Mutares has submitted an irrevocable binding offer to acquire 50% of equity and a controlling stake of 80% in Peugeot Motocycles (PMTC).

Key Points: 
  • Munich/Mumbai/Mandeure, 10 November 2022 Mahindra & Mahindra Ltd. (M&M) and Mutares SE & Co. KGaA (ISIN: DE000A2NB650) today announced that Mutares has submitted an irrevocable binding offer to acquire 50% of equity and a controlling stake of 80% in Peugeot Motocycles (PMTC).
  • Speaking about the announcement, Rajesh Jejurikar, Executive Director, Auto & Farm Sectors, M&M, said, We are delighted to welcome Mutares to Peugeot Motocycles.
  • 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).

EQS-News: Mutares has successfully sold Nordec Group Oyj

Retrieved on: 
Friday, November 11, 2022
Mutares, Regulated market, ISIN, Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, HQ, Solution, Frankfurt Stock Exchange, IPO, Supervisory board, Acquisition, EUR, MUX

Munich, 10 November 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its subsidiary Nordec Group Oyj to a consortium of buyers consisting mainly of the two Finnish family offices Harjavalta Oy and Tirinom Oy.

Key Points: 
  • Munich, 10 November 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its subsidiary Nordec Group Oyj to a consortium of buyers consisting mainly of the two Finnish family offices Harjavalta Oy and Tirinom Oy.
  • Nordec Group is one of the leading suppliers of steel frame structures and facade solutions for construction projects in the Nordic countries and with a strong position in the Central and Eastern European countries.
  • The company, which has been a major part of the Donges Group since its acquisition in 2020, generated revenues of approximately EUR 225.5 million in 2021.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).