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 has been acquired. CGVL provides long-term rents of trucks and drivers to large customers such as the French postal service, major food retailers, the packaging industry as well as to other logistics providers.

• CASTELLI is a leading manufacturer of designer furniture and interior components for offices. The company has a long tradition as being a supplier of choice for global “blue chip” customers.

• The new portfolio company EUPEC is a specialist for coating of oil-, gas- and water pipelines in on- and offshore applications. The company is part of large international exploration projects with customers being primarily governmental development companies and exploration divisions of the major global oil and energy companies.

• With SPI (“Stada Production Ireland”) mutares has acquired the Irish generics manufacturing plant of the German MDAX listed pharmaceutical company STADA AG. In the future, SPI will operate as an FDA-licensed, independent contract manufacturer for antibiotics and other tablet- and powder-based pharmaceuticals of small to medium volumes and in various packaging formats.

• The GEESINKNORBA group based in the Netherlands designs and produces innovative refusal collection vehicles. Its customers are waste disposal divisions of municipalities as well as private waste management companies all over Europe.