Mutares SE & Co. KGaA

📢 𝐒𝐢𝐱𝐭𝐡 𝐞𝐱𝐢𝐭 𝐢𝐧 𝟐𝟎𝟐𝟒: 𝐌𝐮𝐭𝐚𝐫𝐞𝐬 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥𝐥𝐲 𝐭𝐚𝐤𝐞𝐬 𝐒𝐭𝐞𝐲𝐫 𝐌𝐨𝐭𝐨𝐫𝐬 𝐩𝐮𝐛𝐥𝐢𝐜. Steyr Motors AG today celebrated a successful stock market debut in the Scale segment of the Frankfurt Stock Exchange. The first quotation was EUR 15.90 per share, which corresponds to a market capitalization of EUR 82.7 million at the start of trading. Preceding the listing, 1,110,000 new and existing Steyr Motors shares were placed with institutional investors in a private placement at a price of EUR 14.00 per share. With a total placement volume of EUR 15.5 million, Mutares generated gross proceeds of EUR 12.7 million. With a future stake of 70.9%, Mutares will remain majority shareholder of Steyr Motors and thus continue to participate significantly in its performance. Steyr Motors is one of the world's leading companies in the development and production of customized high-performance engines. The company's engines are primarily used in demanding, mission-critical areas, such as as the main propulsion in special military vehicles, boats and as auxiliary power units (“APU”) for tanks and locomotives. Mutares acquired the company in Q4 2022 and successfully implemented a very rapid operational turnaround. Mark Friedrich, CFO of Mutares, commented: “Being listed on the stock exchange gives Steyr Motors greater independence and means that we now have every option to exploit our growth potential and accelerate our growth trajectory. The listing and thus the valuation on the stock exchange is also an indicator of the successful value creation at Mutares, after we acquired Steyr Motors around two years ago for a symbolic purchase price. Steyr Motors is another Mutares success story in which everyone can now participate.” 👉 Link to the press release: https://lnkd.in/dBz7XAAC #steyrmotors #IPO #stockmarket #turnaround

𝐓𝐨𝐝𝐚𝐲, 𝐨𝐮𝐫 𝟔𝐭𝐡 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭𝐬 𝐃𝐚𝐲 𝐭𝐨𝐨𝐤 𝐩𝐥𝐚𝐜𝐞 𝐢𝐧 𝐅𝐫𝐚𝐧𝐤𝐟𝐮𝐫𝐭/𝐌𝐚𝐢𝐧 𝐰𝐡𝐞𝐫𝐞 𝐨𝐮𝐫 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐚𝐧𝐝 𝐬𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐠𝐚𝐢𝐧𝐞𝐝 𝐚 𝐧𝐞𝐰 𝐩𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞 𝐨𝐧 𝐨𝐮𝐫 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐚𝐡𝐞𝐚𝐝. 🌇 A big thank you to all participants who joined us both in person and virtually, as well as to our speakers for their insightful presentations. The event’s highlights included updates on our portfolio companies Palmia, keeeper Group, and Steyr Motors, showcasing their impressive growth and future plans for the listing on the Frankfurt Stock Exchange. We look forward to continuing this exciting journey together! #Mutares #CapitalMarketsDay #Investors #Growth

#transactionnews 📰 𝐎𝐮𝐫 𝐟𝐨𝐮𝐫𝐭𝐞𝐞𝐧𝐭𝐡 𝐚𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟒: 𝐖𝐞 𝐡𝐚𝐯𝐞 𝐬𝐢𝐠𝐧𝐞𝐝 𝐚𝐧 𝐚𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 𝐭𝐨 𝐚𝐜𝐪𝐮𝐢𝐫𝐞 𝐭𝐡𝐞 𝐚𝐬𝐬𝐞𝐭𝐬 𝐨𝐟 𝐒.𝐌.𝐀. 𝐌𝐞𝐭𝐚𝐥𝐥𝐭𝐞𝐜𝐡𝐧𝐢𝐤 𝐆𝐦𝐛𝐇 & 𝐂𝐨. 𝐊𝐆 𝐚𝐧𝐝 𝐢𝐭𝐬 𝐬𝐮𝐛𝐬𝐢𝐝𝐢𝐚𝐫𝐢𝐞𝐬. The company will join the SFC Group as a new add-on investment, strengthening SFC’s product capabilities and customer portfolio. Headquartered in Backnang, Germany, S.M.A. Metalltechnik specialises in development and manufacturing of highly impermeable aluminium pipes, particularly for cooling media used in automotive applications, such as interior climate control and battery cooling. In addition to Germany, the Group has manufacturing facilities in South Africa, Romania and China. In recent years, the company has established long-term relationships with blue-chip automotive customers. With around 1,500 employees worldwide, the company is expected to generate around EUR 160 million in revenue in 2025. With the acquisition of S.M.A Metalltechnik and its expertise in climate control and thermal management solutions, SFC Group completes its product offering in fluid transfer systems, further strengthening its position in the market. The transaction will also enhance existing customer relationships and provide access to a broader, high-quality customer base. Johannes Laumann, CIO of Mutares, comments: "With the acquisition of S.M.A Metalltechnik, we are further strengthening our Automotive & Mobility segment in the area of highly impermeable pipes. This strategic add-on represents another step for SFC Group towards being the preferred provider of advanced, sustainable, and innovative sealing and fluid solutions for customers worldwide and we’re looking forward to the implementation of operational improvements using Mutares’ best practices." 👉 Link to the press release: https://lnkd.in/dEsQbuTx #listed #privateequity #mutares #transaction

#transactionnews 📰 𝐎𝐮𝐫 𝐭𝐡𝐢𝐫𝐭𝐞𝐞𝐧𝐭𝐡 𝐚𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟒: 𝐖𝐞 𝐡𝐚𝐯𝐞 𝐬𝐢𝐠𝐧𝐞𝐝 𝐚𝐧 𝐚𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 𝐭𝐨 𝐚𝐜𝐪𝐮𝐢𝐫𝐞 𝐭𝐡𝐞 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐨𝐟 𝐁𝐮𝐝𝐞𝐫𝐮𝐬 𝐄𝐝𝐞𝐥𝐬𝐭𝐚𝐡𝐥 𝐆𝐦𝐛𝐇 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐯𝐨𝐞𝐬𝐭𝐚𝐥𝐩𝐢𝐧𝐞 𝐀𝐆. The company will strengthen the Engineering & Technology Segment of Mutares as a new platform investment. Established in 1731, Buderus Edelstahl GmbH (“Buderus”) is a producer of high-quality special steels with a focus on tool steel, engineering steel, open-die forgings, closed-die forgings, hot-rolled strip, cold-rolled strip and rolled semi-finished products, which it supplies to a wide range of customers worldwide. Johannes Laumann, CIO of Mutares, comments: "With the acquisition of Buderus Edelstahl, we are further strengthening our Engineering & Technology segment in the area of steel components and securing our own steel base. Buderus Edelstahl will also benefit from our existing product range and broad customer structure in the future, reducing its dependence on individual market risks and positioning itself more broadly for future growth within the Mutares Group. In line with the current situation at Buderus Edelstahl, we will negotiate a social plan with the employee representatives for the affected employees if it becomes necessary to reduce the workforce. Due to the company’s broad range of products, Buderus is effectively reducing its exposure to single market risks and sets itself for future growth. To optimize the manufacturing processes and further streamline the cost structure, we look forward to leveraging our in-house consultants’ expertise in optimizing manufacturing processes implementing best practices from our portfolio companies." 👉 To the press release: https://lnkd.in/dwM7nxSv #mutares #transaction #acquisition #privateequity

𝐊𝐢𝐜𝐤𝐨𝐟𝐟 𝐨𝐟 𝐨𝐮𝐫 𝐧𝐞𝐰 "𝐓𝐮𝐫𝐧𝐚𝐫𝐨𝐮𝐧𝐝 𝐆𝐚𝐩-𝐘𝐞𝐚𝐫" 𝐩𝐫𝐨𝐠𝐫𝐚𝐦 𝐢𝐧 𝐜𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧 𝐰𝐢𝐭𝐡 𝐅𝐓𝐈-𝐀𝐧𝐝𝐞𝐫𝐬𝐜𝐡! 🎓 We are proud to announce that our first "Turnaround Gap-Year" program launched on September 1st! Together with FTI-Andersch, we offer talented young professionals a unique opportunity to gain in-depth insights into the restructuring of companies over several months between their bachelor’s and master’s degrees. Our first two participants, Maximilian Maas and Julius Drieseberg, will embark on their journey at Mutares and FTI-Andersch. This program bridges the gap between consulting and private equity, fostering the development of future leaders in turnaround management. 🚀 We wish Maximilian and Julius great success and are looking forward to an exciting collaboration! #Mutares #FTIAndersch #TurnaroundGapYear #Career #Internship #PrivateEquity #TurnaroundManagement #FutureLeaders

#transactionnews 📰 𝐎𝐮𝐫 𝐟𝐢𝐟𝐭𝐡 𝐞𝐱𝐢𝐭 𝐢𝐧 𝟐𝟎𝟐𝟒: 𝐖𝐞 𝐡𝐚𝐯𝐞 𝐬𝐢𝐠𝐧𝐞𝐝 𝐚𝐧 𝐚𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 𝐭𝐨 𝐬𝐞𝐥𝐥 𝐌𝐨𝐛𝐢𝐋𝐢𝐭𝐚𝐬 𝐭𝐨 𝐒𝐚𝐧𝐢𝐯𝐚 𝐟𝐨𝐫 𝐚 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐩𝐫𝐢𝐜𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐬𝐢𝐧𝐠𝐥𝐞-𝐝𝐢𝐠𝐢𝐭 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐫𝐚𝐧𝐠𝐞. After the successful repositioning of MobiLitas, Mutares is now focusing on the core business of GoCollective in Denmark, which is also part of the Mutares portfolio as a provider of multimodal public transport. MobiLitas is a Serbian-based provider of public, regional, and international transport services with accompanying services in tourism and personnel transport. Operating in Belgrade and Požarevac, Serbia, the company employs around 500 people and generated revenues of approx. EUR 26 million in 2023. Over the past year, MobiLitas transported more than 32 million passengers across 18 million kilometers. After the acquisition in May 2023, the company was successfully repositioned as a recognised and autonomous market player in the Serbian public transportation. Following the successful repositioning of its legacy loss-making contracts, the company is now focusing on strengthening its operation in the Požarevac areas as well as diversifying its strategy towards sustainability and mobility concepts. Johannes Laumann, CIO of Mutares, comments: "We are pleased to announce the sale of our portfolio company MobiLitas. The new owner Saniva is a successful entrepreuner with proven expertise in the public transport service sector, providing infrastructure for ticketing and fare as well as last mile transportation concept. I am confident that the company will continue to develop successfully under their new leadership.” 👉 To the press release: https://lnkd.in/dj4Z2_gC #mutares #transaction #exit #listed #privateequity

#mutaresnews 📰 𝐌𝐮𝐭𝐚𝐫𝐞𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐬 𝐬𝐭𝐫𝐨𝐧𝐠 𝐐𝟒 𝟐𝟎𝟐𝟒 𝐰𝐢𝐭𝐡 𝐡𝐢𝐠𝐡 𝐌&𝐀 𝐚𝐜𝐭𝐢𝐯𝐢𝐭𝐲 At the start of the fourth quarter of 2024, Mutares SE & Co. KGaA is on track to achieve the goals formulated as part of its stated strategy. An above-average development is expected in Q4, particularly in the Segments of Engineering & Technology, Goods & Services, and Retail & Food, while growth in achieving a relevant position in the automotive & mobility industry will lead to first-exit opportunities. After a subdued third quarter on the transaction side, as anticipated, Mutares expects a very strong fourth quarter of 2024. Mutares intends up to five acquisitions with investments of up to EUR 20 million for more than EUR 600 million of turnover and at least two further exits in 2024. On the exit side, particular attention is paid to Steyr Motors (“Steyr”), a global supplier of specialty engines in the fast-growing defense sector. Mutares acquired the company in November 2022, benefiting from a very fast strong operational turnaround and the general market environment. In the fiscal year 2024, Steyr will generate an operating profit (Adjusted EBIT) of more than EUR 10 million. The market environment is very beneficial and has led to very strong momentum that results in an increased number of solid opportunities and a strong order book. Julian Cassutti, CEO of Steyr, comments: "Our customers' defense budgets have increased so significantly worldwide that we have always been able to exceed the targets we have communicated so far. The current planning, which assumes an Adjusted EBIT of more than EUR 40 million by 2027, is rather conservative given the existing order book and sales pipeline." Mutares is exploring for Steyr Motors the possibility of a public listing and selling part of the Steyr business by the end of the year to selected investors. Johannes Laumann, CIO of Mutares, comments: "I am confident that we will achieve our goals this year as well and that we will see some positive surprises on both the buy and sell side. We deliver what we promise." 👉 To the press release: https://lnkd.in/dRDRbJj9

𝐓𝐡𝐞 𝐒𝐮𝐩𝐞𝐫𝐯𝐢𝐬𝐨𝐫𝐲 𝐁𝐨𝐚𝐫𝐝 𝐨𝐟 𝐌𝐮𝐭𝐚𝐫𝐞𝐬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐒𝐄 𝐭𝐨𝐝𝐚𝐲 𝐞𝐱𝐭𝐞𝐧𝐝𝐞𝐝 𝐭𝐡𝐞 𝐜𝐨𝐧𝐭𝐫𝐚𝐜𝐭 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐂𝐡𝐢𝐞𝐟 𝐄𝐱𝐞𝐜𝐮𝐭𝐢𝐯𝐞 𝐎𝐟𝐟𝐢𝐜𝐞𝐫 (𝐂𝐄𝐎) 𝐚𝐧𝐝 𝐟𝐨𝐮𝐧𝐝𝐞𝐫 𝐨𝐟 𝐌𝐮𝐭𝐚𝐫𝐞𝐬 𝐒𝐄 & 𝐂𝐨. 𝐊𝐆𝐚𝐀 𝐟𝐨𝐫 𝐚 𝐟𝐮𝐫𝐭𝐡𝐞𝐫 𝐟𝐢𝐯𝐞 𝐲𝐞𝐚𝐫𝐬 𝐮𝐧𝐭𝐢𝐥 𝐃𝐞𝐜𝐞𝐦𝐛𝐞𝐫 𝟑𝟏, 𝟐𝟎𝟐𝟗. Robin Laik founded the company in 2008 and, together with his family, is the largest single shareholder of Mutares with a shareholding of over 25%. At the same time, Robin Laik has announced his intention to further increase his shareholding together with his family. Robin Laik comments on the extension of the Management Board as follows: "When we founded Mutares in 2008, we were a blank slate. Today, the company has grown to a turnover of over EUR 5 billion and last year generated a net profit of over EUR 100 million in the Holding. We have raised our dividend target from a basic dividend of EUR 1.00 per share to a minimum dividend of EUR 2.00 per share this year. We are represented in eleven European countries, China, India and the USA. My colleagues on the Executive Board and I are firmly convinced of the Group's continued growth and the guidance for 2024." Volker Rofalski, Chairman of the Supervisory Board of Mutares SE & Co KGaA, comments: "Robin Laik and his team have successfully advanced Mutares with unparalleled commitment. It is only logical that the Supervisory Board has extended the contract of CEO Robin Laik for a further five years until December 2029. On behalf of the entire Supervisory Board, I wish him and his team all the best for the future and the tasks ahead.” 👉 Link to the PR: https://lnkd.in/d4nfMssY

#wearehiring 📢 Are you ready to make an impact on our mission to be the global market leader in turnaround investment?   We at Mutares SE & Co. KGaA / Mutares France are looking for an 𝐈𝐅𝐑𝐒/𝐑𝐞𝐩𝐨𝐫𝐭𝐢𝐧𝐠 𝐒𝐩𝐞𝐜𝐢𝐚𝐥𝐢𝐬𝐭 (𝐦/𝐟/𝐝) to join the finance team with a successful track record in Finance, a continuous improvement attitude, and an entrepreneurial mindset. You will manage the integration of our local portfolio companies into Mutares' local finance and reporting processes, improve the financial statement closing and support the Operations finance workstream.   👉 Check out our career site and become part of our growth journey! If you have any questions about the position, please contact Melina Herath. We look forward to receiving your application! #mutares #finance #financialreporting

#portfolioinsights: 𝐆𝐞𝐭 𝐭𝐨 𝐤𝐧𝐨𝐰 𝐄𝐟𝐚𝐜𝐞𝐜 - 𝐚𝐧 𝐢𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐞𝐝 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐫 𝐨𝐟 𝐞𝐧𝐞𝐫𝐠𝐲 𝐚𝐧𝐝 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜𝐚𝐥 𝐞𝐧𝐠𝐢𝐧𝐞𝐞𝐫𝐢𝐧𝐠 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 ⚡ Headquartered in Porto, Portugal, Efacec offers a wide range of high-technology products across the energy, electrical engineering and mobility segments and plays a key role in transforming the critical infrastructure for the transition to clean energy and the circular economy. With its strong research and development capabilities and global presence, the company is recognized worldwide for its expertise in energy and electrical engineering. Efacec is an ideal addition to the Mutares portfolio and will benefit from a strong platform through which value-enhancing improvements such as stabilizing finances and implementing best-in-class management and governance processes are achieved since its acquisition in November 2023. This allows the company to regain its leading market position and resume its growth path. 👉 Visit their website and learn more: https://www.efacec.pt/en/ #mutares #portfolio #efacec #energy