M&A Activity • May 31, 2022
M&A Activity
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Mutares SE & Co. KGaA: Sixth Acquisition in 2022: Mutares acquires MANN+HUMMEL Group's high-performance plastic parts business
Sixth Acquisition in 2022: Mutares acquires MANN+HUMMEL Group's high-performance plastic parts business
- Total revenues of approx. EUR 500 million
- Acquisition includes MANN+HUMMEL products beyond filtration and separation solutions and is intended to strengthen the Automotive & Mobility segment
- Significant synergies with LMS and SFC Solutions Group and opportunity to grow into a Tier-1 supplier with more than EUR 1.3 billion in revenues
Please see attached PDF to view the full announcement.
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