After two transactions in the Nordics, Mutares opens office in Finland

  • Mutares Nordics established and office in Finland opened
  • Local presence to boost Mutares’ investment activity in the Nordics
  • Two Nordic transactions announced in 2019
  • Kari Nerg heads Nordic activities

Munich/Helsinki, August 5, 2019 – Mutares SE & Co. KGaA (ISIN: DE000A0SMSH2), a Munich based, stock-listed industrial holding focused on the acquisition and development of mid-sized companies with potential for operational improvement, has founded a new subsidiary, Mutares Nordics, and opened an office in Finland.

The Nordic investment office will focus on the sourcing and execution of new platform investments as well as add-on acquisitions in Finland, Sweden, Denmark and Norway. The targeted platform acquisition situations include corporate carve-outs and other special situations in which the companies will benefit from a new long-term owner with in-house operational capabilities and an approach to actively support the development of its portfolio companies.

“We are excited to continue the expansion of our activities in Europe and now enter the Nordic market with a local team and with Kari Nerg as our local Head. The completed acquisition of Normek and the announced take-over of Ruukki Building Systems, demonstrate our ability to execute transactions in the Nordics and we are confident on our ability to further grow our activities in the region” said Robin Laik, CEO and founder of Mutares.

“By opening  the office, we want to demonstrate our commitment to the region and are confident that we will further strengthen our position as one of the leading investors for complex transactions and difficult carve-out and improvement cases in the Nordics. We see significant opportunities in the Nordic countries for an investor of our type and trust in our ability to create value by supporting companies in transition with our in-house operational expertise” said Kari Nerg, Head of Mutares Nordics.

Company profile of Mutares SE & Co. KGaA

Mutares SE & Co. KGaA, Munich (www.mutares.de), acquires medium-sized companies and parts of groups with headquarter in Europe that are being sold in the course of a repositioning process at their owners and show a clear potential for operational improvement. Mutares actively supports and develops its portfolio companies with its own investment and consulting teams as well as through acquisitions of strategic add-ons. The aim is to achieve a clear value increase with a focus on sustainable, long-term growth of the portfolio company. In 2018, Mutares’ portfolio companies generated consolidated revenues of EUR 865 million and employed more than 4,700 people worldwide. The shares of Mutares SE are listed on Frankfurt Stock Exchange under the ticker symbol “MUX” (ISIN: DE000A2NB650).