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Mutares SE & Co. KGaA

M&A Activity Apr 23, 2024

6316_rns_2024-04-23_2b332339-0ad4-4837-b144-67065a6cd46b.html

M&A Activity

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Mutares has successfully completed the acquisition of a majority stake in Sofinter Group

Mutares has successfully completed the acquisition of a majority stake in Sofinter Group

Mutares has successfully completed the acquisition of a majority stake in Sofinter Group

• Leading global provider of industrial and utility boilers with a strong positioning in the Heat Recovery Steam Generation (HRSG) segment

• Significant synergies expected with other Mutares portfolio companies in the segment Engineering & Technology, including NEM Energy Group

• Revenues of over EUR 200 million in 2023

Please see attached PDF to view the full announcement.

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