Edison Investment Research - mutares AG (A2NB65) QuickView: European restructuring specialist

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Edison Investment Research

QuickView: European restructuring specialist

mutares is a restructuring specialist in the European market, acquiring companies that are undergoing special situations, providing extensive operational support and disposing at a profit once turnaround is complete. Having entered a very active M&A phase, the group has successfully completed several acquisition and disposal deals in 2015. With a successful capital increase on 8 October providing further funds to invest in both new opportunities and bolt-ons, following the opening of a new Paris office in March 2015, we expect to see M&A activity continuing.

09/11/2015 2 EN

Underlying

mutares AG

Mutares AG. Mutares AG is a Germany-based holding company focused on acquiring companies in special situations, such as owner or management succession and re-funding. It is active in the Automotive, Construction and Infrastructure, Consumer Goods and Logistics, Engineering and Technology, and Wood and Paper sectors. Its Automotive portfolio includes Elastomer Solutions, a manufacturer of rubber moldings, and STS Group, a producer of acoustic and thermal insulation. In the Construction and Infrastructure segment it manages manufacturing companies La Meusienne (stainless steel tubes), EUPEC (pipeline coatings) and BSL Pipes and Fittings (pipeline components). The Consumer Goods portfolio includes KLANN, a manufacturer of tinplate packaging. The Engineering and Technology portfolio includes Balcke-Duerr, a manufacturer of power plant components. Manufacturing companies Cenpa (core board), Zanders (specialty paper) and Norsilk (wood paneling and floor coverings) comprise the Wood and Paper segment.

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DE000A0SMSH2 Germany

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Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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QuickView: European restructuring specialist

Mutares SE & Co. KGaA: 1 director

Mutares - Focus on engineering & technology

Mutares - New platform investments on board

Accsys Technologies - Upgrading guidance for the full year

Topps Tiles - Market outperformance again in FY24

Nabaltec - Resilience and margin expansion

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