mutares acquires EUPEC

mutares AG, Munich, has taken over the EUPEC group of companies from the Indonesian Korindo group on January 26, 2012. EUPEC is Europe’s leading provider of coatings for oil-, gas- and water-pipelines. In 2011 the company generated a turnover of more than EUR 200 million and currently employs 120 people at four locations in France […]

mutares AG acquires Castelli from Haworth group

mutares AG, Munich, has acquired Haworth S.p.A., the Italian subsidiary of the American group Haworth Inc., a world leading manufacturer of office furniture, on January 18, 2012. The company will operate in the future under its former long-term brand name Castelli. Castelli generated in 2011 a turnover of EUR 28 million with sales of exclusive […]

mutares acquires the logistics company SN CGVL

mutares AG, Munich, has acquired the division SN CGVL of the French Star’s Service group on December 22, 2011. SN CGVL (Société Nouvelle Compagnie Générale de Voitures de Lyon) is an industrial vehicle and driver rental company in France. The company with headquarters in Lyon has achieved in 2011 a turnover of approximately EUR 40 […]

mutares announces consolidated earnings for the fiscal year 2010/11

Based on successful turn-around activities and on the expansion of its portfolio, the mutares group has achieved a significant growth in revenues and earnings in the fiscal year 2010-11. During the period from April 1, 2010, to March 31, 2011, the turnover has doubled to € 127.6 million (previous year € 60.7 million) with a […]

mutares AG acquires Rubbens EGC

mutares AG, Munich, acquires the Belgian kitchen furniture manufacturer Rubbens EGC from the leading foodservice equipment manufacturer Ali Group, Italy. Rubbens EGC offers professional customized kitchen equipment for restaurants, canteens and caterers. The company employs a staff of 73 at its two sites in Kruibeke and Stavelot. Given its 90-years experience as an established supplier, […]

mutares AG übernimmt HUBER Decorative Packaging

mutares AG, Munich, acquires the Decorative business of the HUBER Packaging Group GmbH, Oehringen/Germany. HUBER Decorative Packaging GmbH & Co. KG designs and manufactures high-end, tin-based packaging solutions for renowned consumer brands and retailers from various industries. Located in Landshut near Munich the company occupies 135 employees. The business for decorative metal packaging does not […]

mutares with strong growth

Due to the further development of its portfolio mutares AG has increased revenues and profits in the fiscal year 2009/10 significantly. In the year ending March 31, 2010, group total output has reached € 78.7 mill. with operating profits (EBIT) of € 6.1 mill. To support its growing business mutares has extended its executive board […]

mutares AG sells Ledertech GmbH

mutares AG, Munich, sold its portfolio company Ledertech GmbH by a management buy-in to Mr. Gheoghe Chelu. Ledertech, based in Bopfingen (Germany), is a leading provider of leatherboard material for the global shoe and leather goods industry. In its plant in Bopfingen Ledertech occupies 50 employees. Mr. Chelu intends to continue and further develop the […]

mutares AG acquires LeBed SAS

mutares AG, Munich, acquires all assets and takes over all employees of the French company LeBed SAS from the Recticel Group (Brussels, Belgium), effective July 1st. LeBed designs, manufactures and distributes slatted frames for beds in Western Europe. The company occupies 67 employees at its Masevaux plant near Mulhouse, France. With this transaction the Recticel […]

mutares AG sells SHH GmbH SystemHaus Hemminger GmbH

mutares AG, Munich, sold its portfolio company SHH GmbH SystemHaus Hemminger to the Japanese investor ABC Shokai. Being a strategic investor ABC Shokai has a broad international contact network to many utility companies, the most important customers of SHH. Munich, June 14, 2010 mutares AG, Munich, sold its portfolio company SHH GmbH SystemHaus Hemminger to […]