Mutares

DGAP-News: Mutares: Portfolio company Nordec Group Corporation is planning an IPO on the Finnish Nasdaq First North Growth Market

Retrieved on: 
Monday, May 30, 2022

The current shareholding of the present sole shareholder Donges is expected to decrease to below 50% as a result of the IPO.

Key Points: 
  • The current shareholding of the present sole shareholder Donges is expected to decrease to below 50% as a result of the IPO.
  • Nordec aims to raise gross proceeds of approximately EUR 7 million by offering new shares for subscription.
  • Should the Company decide to proceed with the Offering, the prospectus will be published on the Companys website at www.nordec.com .
  • As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding.

DGAP-News: Mutares SE & Co. KGaA: Fifth buy-side transaction in 2022: Mutares acquires Cimos d.d. from TCH S.r.L.

Retrieved on: 
Friday, May 27, 2022

Mutares SE & Co. KGaA: Fifth buy-side transaction in 2022: Mutares acquires Cimos d.d.

Key Points: 
  • Mutares SE & Co. KGaA: Fifth buy-side transaction in 2022: Mutares acquires Cimos d.d.
  • Fifth buy-side transaction in 2022: Mutares acquires Cimos d.d.
  • Munich, 27May 2022 - Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Cimos d.d.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).

DGAP-News: Mutares SE & Co. KGaA: Annual General Meeting approves dividend of EUR 1.50 per share - Another record year expected

Retrieved on: 
Tuesday, May 17, 2022

Munich, 17 May2022 - The Annual General Meeting of Mutares SE & Co. KGaA (ISIN: DE000A2NB650) today adopted the proposal of the Management Board and the Supervisory Board and approved a dividend of EUR 1.50 per share (previous year: EUR 1.50 per share) for the financial year 2021.

Key Points: 
  • Munich, 17 May2022 - The Annual General Meeting of Mutares SE & Co. KGaA (ISIN: DE000A2NB650) today adopted the proposal of the Management Board and the Supervisory Board and approved a dividend of EUR 1.50 per share (previous year: EUR 1.50 per share) for the financial year 2021.
  • This consists of a base dividend of EUR 1.00 per share and a performance dividend of EUR 0.50 per share.
  • Raffaela Rein has extensive expertise in the topics relevant for Mutares SE & Co. KGaA due to her many years as an entrepreneur.
  • Mutares relies strongly on a sustainable dividend policy consisting of a base dividend and a performance dividend.

DGAP-News: Mutares has successfully completed the acquisition of ATI's Sheffield operations

Retrieved on: 
Thursday, May 12, 2022

EUR 80 million

Key Points: 
  • EUR 80 million
    Munich, 12 May 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of the Sheffield operations of Allegheny Technologies Incorporated (ATI).
  • The company strengthens the Engineering & Technology segment as a new platform acquisition and will from now on operate under its new name Special Melted Products Limited.
  • Mutares actively supports and develops the portfolio companies with its own investment and operations teams as well as through acquisitions of strategic add-ons.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).

DGAP-News: Mutares SE & Co. KGaA: Second Exit in 2022: Mutares portfolio company Frigoscandia receives irrevocable offer to sells French subsidiary to Olano Services SAS

Retrieved on: 
Wednesday, May 11, 2022

The company, based in Boulogne-Sur-Mer, focuses primarily on the domestic transport of temperature-controlled goods and specializes mainly in the seafood segment.

Key Points: 
  • The company, based in Boulogne-Sur-Mer, focuses primarily on the domestic transport of temperature-controlled goods and specializes mainly in the seafood segment.
  • The company will be sold to Olano Services SAS, an existing strategic partner.
  • 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).

DGAP-News: Mutares SE & Co. KGaA: Successful first quarter of 2022 – High transaction activity and full acquisition pipeline with more than EUR 11 billion revenue volume

Retrieved on: 
Tuesday, May 10, 2022

Both on the level of the company ("Mutares Holding") and in the Group ("Mutares Group") significant growth in revenues was recorded.

Key Points: 
  • Both on the level of the company ("Mutares Holding") and in the Group ("Mutares Group") significant growth in revenues was recorded.
  • At Group level, Mutares generated consolidated revenues of EUR 852.5 million in the first quarter of financial year 2022 (previous year: EUR 493.8 million).
  • As a result, Group EBITDA amounted to EUR - 14.3 million in the first quarter of 2022 (previous year: EUR + 53.8 million).
  • In the Automotive & Mobility segment, revenues increased to EUR 234.1 million in the first quarter of 2022 (previous year: EUR 187.0 million).

DGAP-News: Fourth acquisition in 2022: Mutares to acquire Siemens Energy Engines S.A.U. and related assets from Siemens Energy S.A.

Retrieved on: 
Thursday, April 21, 2022

Fourth acquisition in 2022: Mutares to acquire Siemens Energy Engines S.A.U.

Key Points: 
  • Fourth acquisition in 2022: Mutares to acquire Siemens Energy Engines S.A.U.
  • and related assets from Siemens Energy S.A.
    Munich, 21 April 2022 - A vehicle owned and managed by Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Siemens Energy Engines S.A.U.
  • and related assets ("Siemens Energy Engines") from Siemens Energy S.A.
  • Siemens Energy Engines is a manufacturer of gas and diesel engines designed for power generation, cogeneration, waste-to-energy and marine uses.

DGAP-News: Mutares has successfully completed the acquisition of Polar Frakt AS

Retrieved on: 
Tuesday, April 19, 2022

Munich, 19 April 2022 - Mutares SE & Co KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Polar Frakt AS from private owners as an add-on investment to Frigoscandia in the Goods & Services segment.

Key Points: 
  • Munich, 19 April 2022 - Mutares SE & Co KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Polar Frakt AS from private owners as an add-on investment to Frigoscandia in the Goods & Services segment.
  • For this purpose, Polar Frakt AS operates two terminals (Oslo and Bjerkvik) to ship around 25 to 30 trailers per week.
  • The company merged from Polar Frakt and Frigoscandia will in future transport goods in both directions, from south to north as well as from north to south.
  • By leveraging Frigoscandia's wide customer base and geographical reach it is expected to achieve possible strategic expansions to Polar Frakt AS's previous 'one-way' business model.

DGAP-News: Financial year 2021: Net profit of Mutares Holding rises to record level of EUR 50.7 million, further increase to at least EUR 72.0 million expected for 2022

Retrieved on: 
Tuesday, April 12, 2022

At Group level, Mutares generated consolidated revenues of EUR 2,504.0 million in financial year 2021 (previous year: EUR 1,583.9 million).

Key Points: 
  • At Group level, Mutares generated consolidated revenues of EUR 2,504.0 million in financial year 2021 (previous year: EUR 1,583.9 million).
  • In the Automotive & Mobility segment, revenues increased to EUR 719.9 million in financial year 2021 (previous year: EUR 602.4 million).
  • Revenues in the Goods & Services segment grew to EUR 912.4 million in financial year 2021 (previous year: EUR 446.7 million).
  • Adjusted EBITDA was EUR -13.2 million in financial year 2021 (previous year: EUR -17.0 million).

DGAP-News: Mutares: Change in the Supervisory Board

Retrieved on: 
Tuesday, April 12, 2022

Munich, 6 April 2022 - Mutares SE & Co. KGaA (DE000A2NB650) announces that Supervisory Board member Prof. Dr. Micha Bloching will resign from his mandates with termination of the Annual General Meeting.

Key Points: 
  • Munich, 6 April 2022 - Mutares SE & Co. KGaA (DE000A2NB650) announces that Supervisory Board member Prof. Dr. Micha Bloching will resign from his mandates with termination of the Annual General Meeting.
  • Prof. Dr. Micha Bloching has been a member of the Supervisory Board of Mutares SE & Co. KGaA (formerly Mutares AG) since its foundation in 2008 for more than 13 years.
  • He has always been a competent advisor to the Management Board; his name has been inseparably linked with the rise of Mutares since its founding."
  • The next Annual General Meeting is to decide on the succession of Prof. Dr. Micha Bloching to the Supervisory Board and the Shareholders' Committee of Mutares SE & Co. KGaA.