mutares again with strong growth

Due to the further expansion of its portfolio mutares AG recorded a satisfactory growth in sales and earnings in the short financial year 2012. In the period from April 1, 2012 until December 31, 2012, group sales have reached EUR 301.2m (previous year EUR 159.3m) and operating profit (EBITDA) EUR 22.4m (previous year EUR 18.5 […]

mutares AG announces its consolidated results for the short fiscal year 2012

The short fiscal year 2012 was once more very encouraging for the mutares group, and could, even though its shortened period of 9 months, be completed with a significant growth in sales and earnings. The basis of this growth was in particular the acquisition and integration of three new portfolio companies. During the period from […]

mutares closes the sale of HIB Trim Part Solutions Group

On May 28th 2013 the sale of mutares’ portfolio company, HIB Trim Part Solutions group, to NBHX Trim GmbH was completed after all closing conditions including the approval of the German antitrust authority have been fulfilled. The Sale Purchase Agreement had already been signed on April 24th.

mutares divests HIB Trim Part Solutions Group

mutares AG, Munich, has signed an agreement with NBHX Trim Gmbh, Heilsbronn, about the sale of HIB-Trim Part Solutions group on April 24, 2013. HIB-Trim Part Solutions is a leading supplier of interior components for passenger cars located in Bruchsal and Altdorf, Germany, as well as in Codlea, Romania. The company is an important technology […]

Diehl Controls transfers its photovoltaics business

Diehl Controls, Wangen im Allgäu, subgroup of Diehl Group, Nuremberg, sells the business unit photovoltaics with effect from 1st of April 2013 to mutares Solar GmbH, a 100% subsidiary of mutares AG, Munich. mutares AG will strategically develop the photovoltaics business located in Wangen, employing 82 people. In 2005, Diehl Controls entered the pholtovoltaics business […]

mutares with strong growth

mutares AG significantly increased sales and earnings in its fiscal year 2011/12 as a result of the expansion of its portfolio. Group sales grew to EUR 159.3m and operating result (EBIT) to EUR 12.6m in the reporting period ended March 31, 2012. “With total assets exceeding EUR 148m the mutares group is well positioned for […]

mutares AG acquires Arc Distribution France Group (“ADF”)

On August 7th 2012, mutares AG acquired the Arc Distribution France Group (“ADF”) including all its French subsidiaries. ADF is a leading supplier of tableware and cookware brands in France and generated a turnover of EUR 90 million in 2011. The company currently employs about 320 people at its’ four sites. The wide range of […]

mutares turnover increases rapidly

Over the past months the mutares AG has been particularly successful in the acquisition of new companies. Today, the group’s portfolio comprises 11 companies. During last year, the total revenue of all newly acquired companies exceeded € 440 m. • CGVL, one of the leading logistics service suppliers in France in the road transport sector […]

mutares acquires GeesinkNorba Group

mutares AG, Munich, has acquired the Geesink Group with all its European subsidiaries, a leading European provider of efficient waste management solutions on February 3, 2012. As Europe’s largest supplier for innovative solutions of refuse collection, especially refuse collection vehicles, GeesinkNorba generated a turnover exceeding EUR 100 million in 2011 and employs about 490 people, […]

mutares AG acquires STADA Production Ireland Ltd. (“SPI”)

mutares AG, Munich, has taken over STADA Production Ireland Ltd. (SPI), a contract manufacturer of pharmaceutical drugs based in Clonmel/ Ireland, from STADA Arzneimittel AG, a German MDAX-listed company on February 06, 2012. SPI generated in 2011 a turnover of approximately EUR 28 million with production and packaging of tablets and capsules and employs about […]