Mutares (MUX)

Business description

Founded and listed in 2008, mutares AG acquires special situation companies that are under performing and can be turned around through financial and operational restructuring. It currently owns 13 companies across five focus industries.

Stock data

Market cap.€204.6m
Last close€13.20
High / Low (52 weeks)€20.8 / €11.9
Stock market listingDB
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
SectorGeneral Industrials

Price performance

Relative *(26.8)(36)(9)

* % Relative to local index

Other companies in sector Show

Company news

Mecaplast sells truck business to Germany's Mutares AG

Wed, 11 Jan 2017 19:41:15 GMT

Mutares AG: High Transaction Activity Adds Momentum

Thu, 28 Sep 2017 10:52:30 GMT

mutares AG Acquires Paper Manufacturer Zanders GmbH; Will Retain Product Line

Wed, 05 Aug 2015 21:05:11 GMT

BRIEF-Wah Seong Corp updates on acquisition of Mutares Holding-16 AG

Wed, 15 Feb 2017 11:37:30 GMT

DGAP-News: mutares AG: mutares positions itself for future development

Thu, 15 Sep 2016 07:32:05 GMT

Investment summary

Mutares continued to add new investments to its portfolio in H117, in particular enlarging the STS Group through add-on acquisitions. H117 earnings were supported by the disposals of EUPEC Germany and Fertigungstechnik Weissenfels (FTW). Consequently, portfolio NAV went up by 3.7% ytd to €319.4m as at end-June. Despite the positive FY17 outlook for key holdings and upward potential associated with ongoing restructuring projects, Mutares’s shares trade at a 36% discount to NAV.

Last updated on 28/09/2017

Key management

Christoph Himmel, Managing Director / Head of IR

Company address

Arnulfstra├če 19
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