Industrial holding Mutares successfully completes acquisition of Q Logistics, a subsidiary of ÖBB

  • Austria’s leading logistics company with sales of approx. EUR 250 million
  • Q Logistics as new platform investment in the Goods & Services segment
  • Thus 8th transaction of Mutares in 2019 successfully completed

Munich/Vienna, December 19, 2019 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) successfully completed the acquisition of the business of Q Logistics GmbH, a logistics subsidiary of Oesterreichische Bundesbahnen – Holding Aktiengesellschaft (ÖBB), on Wednesday. The transaction underlines the excellent positioning and expertise of Mutares as a partner of established groups for takeovers of carve-outs with operational improvement potential.

Q Logistics has achieved an excellent position in the general transport logistics and warehousing sector with a nationwide network in Austria and generated sales of EUR 250 million last year. Building on this, Mutares will work together with the local management and team on the implementation and further development of a value enhancement program after the takeover.

“We are convinced that in Mutares, an industrial holding company, we have found an experienced, long-term, entrepreneurial partner for Q Logistics. Mutares has the necessary expertise and experience to ensure the successful development of Q Logistics and to implement a sustainable concept with the management”, says Arnold Schiefer, member of the board (CFO ÖBB).

Company profile of Mutares SE & Co. KGaA

Mutares SE & Co. KGaA, Munich (www.mutares.de), acquires medium-sized companies and parts of groups with headquarter in Europe that are being sold in the course of a repositioning process at their owners and show a clear potential for operational improvement. Mutares actively supports and develops its portfolio companies with its own investment and consulting teams as well as through acquisitions of strategic add-ons. The aim is to achieve a clear value increase with a focus on sustainable, long-term growth of the portfolio company. In 2018, Mutares’ portfolio companies generated consolidated revenues of EUR 865 million and employed more than 4,700 people worldwide. The shares of Mutares SE are listed on Frankfurt Stock Exchange under the ticker symbol “MUX” (ISIN: DE000A2NB650).