Turnover: EUR ()
Country: Germany
Mutares AG is a German industrial holding company that acquires medium-sized companies in difficult economic situations or whose shareholders wish to divest for strategic reasons. Mutares began operations in 2008 and currently owns around 25 companies and has sold several. In June 2017, Mutares held 15 independent companies in Europe with locations in Asia, Africa and Latin America. The portfolio is organized into 5 categories: automotive, construction and infrastructure, consumer products and logistics, engineering and technology, paper and wood.
News
Mutares holding company acquires Vallourec Bearing Tubes in Montbard 11/03/2022
- Takeover of Vallourec Bearing Tubes in Montbard, specializing in the manufacture of steel tubes and bushings for the automotive industry
- 200 full-time employees and around 30 temporary staff
- sales down from €62 million in 2015 to €33 million in 2020
- Mutares now estimates sales of €50 million