- Eighth acquisition in 2021
- Target company with revenues of approx. EUR 110 million
- Provider of interior construction and fitting
Munich, 13 July 2021 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Ganter Construction & Interiors GmbH from MIGATI Beteiligungsgesellschaft mbH. The closing of the transaction is expected in the third quarter of 2021.
The company headquartered in Waldkirch, close to Stuttgart, Germany, employs around 200 people and generates revenues of approx. EUR 110 million in the interior construction industry. It operates further locations in Italy, France and Switzerland. As a new platform investment, the acquisition will strengthen the Goods & Services segment within the Mutares portfolio and bring cross selling opportunities within the existing portfolio.
Ganter Construction & Interiors GmbH offers products and services for the retail, commercial and residential sector, such as interior fittings, conceptual interior design and planning, new building interior construction and renovations. Their customers include amongst others, architects, hotels, offices, restaurants, luxury brands and private property owners.
Johannes Laumann, CIO of Mutares, comments: “This acquisition perfectly fits our investment criteria. It has a strong brand and established business model. I am confident that we can build on this and ensure the longevity of the company.”