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
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.