MUX

EQS-News: Fifth acquisition in 2023: Mutares signed an agreement to acquire SELZER Group from INDUS

Retrieved on: 
Friday, July 28, 2023

Munich, July 28, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire SELZER Group from INDUS as an add-on acquisition for Ferral United.

Key Points: 
  • Munich, July 28, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire SELZER Group from INDUS as an add-on acquisition for Ferral United.
  • As a result of the investments already made and the upcoming production series, the revenue of SELZER Group will amount to ca.
  • SELZER Group can be further developed through valuable synergies within the Ferral United Group and the support of the Mutares team."
  • 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: Annual General Meeting resolves dividend of EUR 1.75 per share – basis laid for another record year

Retrieved on: 
Monday, July 10, 2023

This consists of a basic dividend of EUR 1.00 per share and a performance dividend of EUR 0.75 per share.

Key Points: 
  • This consists of a basic dividend of EUR 1.00 per share and a performance dividend of EUR 0.75 per share.
  • Therefore, taking into account treasury shares, a total of approximately EUR 36.1 million (previous year: EUR 30.9 million) will be distributed from the retained earnings of Mutares SE & Co. KGaA.
  • The members of the Management Board, Supervisory Board and Shareholders' Committee were discharged by the shareholders for the past financial year.
  • The Management Board and Supervisory Board together hold more than one third of all Mutares shares with voting rights.

EQS-News: Fourth acquisition in 2023: Mutares signed an agreement to acquire Recover Nordic Oy from Recover Group

Retrieved on: 
Saturday, July 8, 2023

Munich, 8 July 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Recover Nordic Oy from Recover Group.

Key Points: 
  • Munich, 8 July 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Recover Nordic Oy from Recover Group.
  • Recover Nordic Oy will strengthen Mutares´ Goods & Services segment as a new platform investment in Finland.
  • 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.

NevGold Provides Positive Update On Limousine Butte: New Geological Model Identifies High Priority 2023 Drill Targets

Retrieved on: 
Thursday, July 6, 2023

Updated Geological Model Identifies Significant Mineralization Potential and New High Priority Targets: the updated geologic model for the Project has been completed incorporating new project-wide mapping and 2022 drill data.

Key Points: 
  • Updated Geological Model Identifies Significant Mineralization Potential and New High Priority Targets: the updated geologic model for the Project has been completed incorporating new project-wide mapping and 2022 drill data.
  • The Company has re-interpreted the district-scale and project-specific geology and has identified significant mineralization potential and numerous high priority drill targets for the 2023 drill program.
  • After our inaugural drill program, we have spent the past approximate 6 months re-interpreting the data and updating the geological model which has led to many key positive developments.
  • We have incorporated the new drill data into the geological database, and we have re-envisioned the entire Limousine Butte Project.

EQS-News: Third acquisition in 2023: Mutares signed an agreement to acquire Gläserne Molkerei from Emmi Group

Retrieved on: 
Thursday, July 6, 2023

Munich, 6 July 2023 - Mutares SE & Co KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Gläserne Molkerei from Emmi Group, marking the third successful acquisition in 2023.

Key Points: 
  • Munich, 6 July 2023 - Mutares SE & Co KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Gläserne Molkerei from Emmi Group, marking the third successful acquisition in 2023.
  • Gläserne Molkerei is characterised by its approach to regionality, biodiversity and sustainability throughout its value chain.
  • Mutares plans to accelerate the sustainable growth of Gläserne Molkerei with its customers.
  • The Management Board and Supervisory Board together hold more than one third of all Mutares shares with voting rights.

EQS-News: Second acquisition in 2023: Mutares signed an agreement to acquire Efacec from the Portuguese State

Retrieved on: 
Friday, June 23, 2023

Third deal in Iberia and second platform acquisition in the region, strengthening the Engineering & Technology segment

Key Points: 
  • Third deal in Iberia and second platform acquisition in the region, strengthening the Engineering & Technology segment
    Munich, 23 June 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Efacec from the Portuguese State (Participações Públicas (SGPS), S.A.) in the context of the re-privatization process launched in late 2022.
  • Efacec is the leading Portuguese company specializing in the manufacture and delivery of critical equipment and solutions across the energy, engineering, and mobility segments.
  • With a global presence, Efacec delivers innovative technologies and high-quality products in energy systems, engineering services, and electric mobility infrastructure.
  • Johannes Laumann, CIO of Mutares comments: "We are very happy to announce our second acquisition in 2023.

EQS-News: Mutares has successfully completed the acquisition of Arriva Poland from the Arriva Group

Retrieved on: 
Thursday, June 15, 2023

Munich, 15 June 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of the Polish bus business operations from Arriva Group, which belongs to Deutsche Bahn AG, after the closing of the Danish and Serbian business in mid-May.

Key Points: 
  • Munich, 15 June 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of the Polish bus business operations from Arriva Group, which belongs to Deutsche Bahn AG, after the closing of the Danish and Serbian business in mid-May.
  • The rail division of Arriva Poland will remain with Arriva Group.
  • With around EUR 50 million in revenues and approximately 900 employees, the Polish bus business offers commercial bus services.
  • In total, the acquired businesses from Arriva Group strengthen the Mutares Goods & Services segment with revenues of around EUR 400 million and 3,400 employees.

McEwen Mining Reduces Debt by 39%

Retrieved on: 
Tuesday, May 23, 2023

TORONTO, May 23, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) (“McEwen Mining” or the “Company”) today reported that it has repaid $25 million of its senior secured debt payable to Sprott Resource Lending (“Sprott”) and Sprott is no longer a lender.

Key Points: 
  • TORONTO, May 23, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) (“McEwen Mining” or the “Company”) today reported that it has repaid $25 million of its senior secured debt payable to Sprott Resource Lending (“Sprott”) and Sprott is no longer a lender.
  • Prior to the repayment, the Company had $50 million in senior secured debt and a $15 million unsecured promissory note, for a total debt of $65 million.
  • As a result of the debt reduction, McEwen Mining’s annual borrowing costs will decrease by approximately $2.2 million or 36%.
  • The reduction of debt was funded through the secondary sale of McEwen Copper shares to FCA Argentina S.A. (Stellantis) and Nuton LLC, which closed in February and March 2023, and raised $47.5 million in gross proceeds to McEwen Mining.

Streaming Video Technology Alliance Convenes in New Orleans for Q2 Member Meeting

Retrieved on: 
Wednesday, May 17, 2023

The Streaming Video Technology Alliance (SVTA), a global technical association developing solutions to address critical technical challenges in delivering a high-quality video experience at scale, convenes today in New Orleans at the Hilton St. Charles for its Q2 Member Meeting.

Key Points: 
  • The Streaming Video Technology Alliance (SVTA), a global technical association developing solutions to address critical technical challenges in delivering a high-quality video experience at scale, convenes today in New Orleans at the Hilton St. Charles for its Q2 Member Meeting.
  • “Q2 has been a quarter of exciting developments at SVTA, including the launch of SVTA University and the first SEGMENTS conference, held yesterday, where we announced the 2023 Fellow Program honorees,” said Jason Thibeault, Executive Director at the Streaming Video Technology Alliance.
  • “This is our first time holding an SVTA member meeting in beautiful New Orleans, and we’re looking forward to a productive two days of industry discussions, debates, and networking.
  • While dedicated wikis exist for many major topics and industries, the streaming video industry lacked a similar resource.

EQS-News: Mutares has successfully completed the acquisition of Arriva Denmark and Serbia from the Arriva Group

Retrieved on: 
Tuesday, May 16, 2023

Munich, 16 May 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of the Danish and Serbian business operations from Arriva Group, which belongs to the Deutsche Bahn AG.

Key Points: 
  • Munich, 16 May 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of the Danish and Serbian business operations from Arriva Group, which belongs to the Deutsche Bahn AG.
  • The transaction of the Polish Bus business will be closed in the course of the next weeks.
  • In total, the business generates revenues of around EUR 350 million with approximately 2,500 employees in the two countries Denmark and Serbia.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).