Mutares acquires Donges Steeltec

Mutares (ISIN: DE000A0SMSH2) has acquired Donges Steeltec, one of Germany’s leading steel construction companies, from Mitsubishi Hitachi Power Systems Europe. Donges generates a turnover of EUR 36m with 200 employees. The business provides significant synergies with Balcke-Dürr, Mutares’ manufacturer of power plant components. Mutares has acquired Donges Steeltec from Mitsubishi Hitachi Power Systems Europe. Donges […]

Mutares sells Geesinknorba

Mutares (ISIN: DE000A0SMSH2) has sold the Geesinknorba Group to a Chinese green-tech fund. Geesinknorba is a leading European provider of technical solutions for waste collection. The company develops, produces and distributes innovative, high-quality refuse collecting vehicles and stationary presses. Mutares acquired the company in 2012. Mutares has sold Geesinknorba to the Chinese green-tech fund Firion […]

Mutares sells Grosbill

Mutares AG (ISIN: DE000A0SMSH2) has sold the French online retailer Grosbill to the founder of the company. Mutares AG has sold Grosbill to Luc Boccon-Gibod, the founder of the company. Being a French multi-channel retailer for consumer electronics, Grosbill operates an online platform as well as own retail stores. In 2015 the company had been […]

Mutares completes the acquisition of the truck supplier business of the Plastic Omnium Group

Mutares AG (ISIN: DE000A0SMSH2) has completed the acquisition of the truck supplier business of the Plastic Omnium Group. Through the integration with the STS Group, MUTARES creates a leading global truck supplier with a total turnover of EUR 400m and 2,700 employees in 16 plants. Mutares AG has completed the acquisition of the truck supplier […]

STS acquires Brazilian plant of Autoneum

The STS Group, a portfolio company of Mutares AG (ISIN: DE000A0SMSH2), acquired a production facility in Betim, Brazil, from the Swiss Autoneum Group. This recent acquisition falls in line with STS’ growth strategy to further develop into a leading global supplier.   STS has acquired a plant from Autoneum in Betim, Brazil, with 90 employees. […]

Mutares sells FTW

Mutares AG (ISIN: DE000A0SMSH2) has sold Fertigungstechnik Weisenfels GmbH to a German Family Office. The company is to be developed strategically within the new organization.

Mutares completes the acquisition of Aperam Stainless Services & Solutions Tubes Europe

Mutares AG (ISIN: DE000A0SMSH2) has completed the acquisition of Aperam’s stainless steel welded tubes business located in Ancerville and Annecy, France. In 2016, the company generated revenues of EUR 64m. It will be a perfect add-on to BSL, Mutares’ French manufacturer of pipes and fittings.

Integration of STS Group is progressing

Mutares AG (ISIN: DE000A0SMSH2) has signed a purchase agreement to acquire the truck supplying business of Plastic Omnium Group. The completion of the complex transaction is expected to take place end of Q2. The Integration of the two French plants previously acquired from Mecaplast Group is progressing rapidly.

Mutares sells EUPEC Germany

Mutares AG (ISIN: DE000A0SMSH2) has sold EUPEC Germany to the Wasco Group for EUR 19.5m. The operating business of EUPEC France remains within the Mutares Group.

Mutares intends to acquire Aperam Stainless Services & Solutions Tubes Europe

Mutares AG (ISIN: DE000A0SMSH2) has made a binding offer to acquire Aperam’s stainless steel welded tubes business located in Ancerville and Annecy, France. In 2015, the company generated revenues of EUR 67m. It would be a perfect add-on to BSL, Mutares’ French manufacturer of pipes and fittings.