Mutares successfully placed EUR 50 million in a Tap Issue of its existing bond issued in March 2023

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014 NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, INTO OR IN THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER COUNTRY IN WHICH SUCH DISTRIBUTION OR PUBLICATION MAY BE UNLAWFUL. FURTHER RESTRICTIONS APPLY. PLEASE SEE THE […]

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Mutares considers tap issue up to EUR 50 million of its bond issued in March 2023

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014 NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, INTO OR IN THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER COUNTRY IN WHICH SUCH DISTRIBUTION OR PUBLICATION MAY BE UNLAWFUL. FURTHER RESTRICTIONS APPLY. PLEASE SEE THE […]

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Mutares has successfully completed the acquisition of Arriva Denmark and Serbia from the Arriva Group

  • Revenues of ca. EUR 350 million with vast main market in Denmark
  • Platform acquisition to strengthen the Goods & Services segment
  • Operator in the public transport market
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Mutares with a strong first quarter 2023 – Significant leap in profit of 21% in the holding company – Setting the course for further growth

  • Revenues from consulting services and management fees of Mutares Holding rose by 84% to EUR 27.1 million (previous year: EUR 14.7 million)
  • Net income of Mutares Holding increased by 21% to EUR 8.2 million in the first quarter of 2023 (previous year: EUR 6.8 million) despite costs of approx. EUR 4.5 million for the refinancing of the bond
  • Revenues for Mutares Group up 30% to EUR 1,108.0 million (previous year: EUR 852.5 million), Group Adjusted EBITDA improved to EUR +5.1 million (previous year: EUR -30.7 million)
  • Early bond refinancing sets course for further growth
  • Full transaction pipeline with volume of around EUR 11 billion revenues
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Fifth exit in 2023: Mutares has signed an agreement to sell Special Melted Products to Cogne Acciai Speciali for an enterprise value of approximately EUR 180 million

  • Expected fifth exit in the current year
  • Transaction expected to close in Q2 2023
  • Cogne Acciai Speciali to strengthen its market position with SMP business
  • Successful implementation of full-scope turnaround in very short period
  • Transaction will mark significant exit for Mutares starting to harvest the growth path of the last 3 years
  • Net proceeds of up to EUR 150 million expected
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Mutares has signed an agreement to sell Special Melted Products

Publication of inside information pursuant to Article 17 MAR of Regulation (EU) No. 596/2014   NOT FOR PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER COUNTRY IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT DISCLAIMER AT THE END OF THIS ANNOUNCEMENT. […]

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Successful integration of NEM Energy and Balcke-Dürr to one Group to materialize synergies

  • Successful integration of NEM Energy and Balcke-Dürr
  • “NEM Energy Group” with revenues of approx. EUR 340 million
  • Strengthening of the product and service portfolio and realization of synergies
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