Regulated market

EQS-News: Eighth acquisition in 2023: Mutares has successfully completed the acquisition of the assets of Holland Industrial Construction Systems Coöperatief U.A. and its subsidiaries

Retrieved on: 
Tuesday, October 17, 2023

Eighth acquisition in 2023: Mutares has successfully completed the acquisition of the assets of Holland Industrial Construction Systems Coöperatief U.A.

Key Points: 
  • Eighth acquisition in 2023: Mutares has successfully completed the acquisition of the assets of Holland Industrial Construction Systems Coöperatief U.A.
  • Eighth acquisition in 2023: Mutares has successfully completed the acquisition of the assets of Holland Industrial Construction Systems Coöperatief U.A.
  • and its subsidiaries (‘Byldis’)
    Munich, October 11, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of assets of Holland Industrial Construction Systems Coöperatief U.A.
  • The Management Board and Supervisory Board together hold more than one third of all Mutares shares with voting rights.

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

Retrieved on: 
Tuesday, October 17, 2023

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: SCHOTT Pharma IPO: Final offer price set at EUR 27.00 per share

Retrieved on: 
Wednesday, September 27, 2023

Free float expected to amount up to 23% of outstanding share capital, assuming full exercise of the Greenshoe option

Key Points: 
  • Free float expected to amount up to 23% of outstanding share capital, assuming full exercise of the Greenshoe option
    First day of trading on the Frankfurt Stock Exchange scheduled for September 28, 2023
    The final offer price for the initial public offering (IPO) of SCHOTT Pharma AG & Co. KGaA (“SCHOTT Pharma” or “Company”) was set at EUR 27.00 per share today.
  • This corresponds to a placement volume of EUR 935 million and an expected free float of up to 23% assuming a full exercise of the Greenshoe option.
  • After the IPO, SCHOTT Glaswerke Beteiligungs- und Export GmbH (a wholly-owned subsidiary of SCHOTT AG – “Selling Shareholder”) will retain a stake of at least 77% of SCHOTT Pharma’s share capital as a long-term committed shareholder.
  • “With its compelling business model and attractive financial profile, SCHOTT Pharma has attracted a global investor base.

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

Retrieved on: 
Monday, September 25, 2023

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

Retrieved on: 
Monday, September 25, 2023

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

Retrieved on: 
Monday, September 25, 2023

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

Retrieved on: 
Saturday, September 16, 2023

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

Retrieved on: 
Tuesday, September 5, 2023

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

Retrieved on: 
Monday, September 4, 2023

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

Retrieved on: 
Friday, September 1, 2023

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).