Mutares SE & Co. KGaA

M&A Activity • Nov 3, 2025

Mutares portfolio company Buderus Edelstahl has sold its two business units to GMH Gruppe

• Sale of the hot rolling mill and mechanical processing incl. heat treatment business units to a strategic buyer
• Drop forging division also sold to FerrAl United Group

Munich, November 3, 2025 – Buderus Edelstahl, a wholly owned subsidiary of Mutares SE & Co. KGaA (ISIN: DE000A2NB650), has successfully sold its two business units, the hot rolling and mechanical processing including heat treatment, to GMH Gruppe.

The company is a renowned manufacturer of high-quality special steels with a focus on tool steel and high-grade structural steel, a broad global customer portfolio, and annual revenues of approximately EUR 360 million. Following the initial successful optimizations and transformation measures implemented on-site since the acquisition, the exit to a strategic buyer is the next step for the company to continue developing in a sustainable manner. GMH Gruppe offers the two Buderus Edelstahl business areas, hot rolling and mechanical processing, including heat treatment, great potential for further expansion.

Despite difficult market conditions, this step has secured approx. 670 jobs at the Wetzlar site. Due to the continuing challenging market conditions in the steel industry, the drop forging division was also sold to the FerrAl United Group (100% subsidiary of the Mutares Group).

Company profile of Mutares SE & Co. KGaA

Mutares SE & Co. KGaA, Munich (www.mutares.com), is a listed private equity holding company with offices in Munich (HQ), Amsterdam, Bad Wiessee, Chicago, Frankfurt, Helsinki, London, Madrid, Milan, Mumbai, Paris, Shanghai, Stockholm, Warsaw, and Vienna, it acquires companies in transition that show significant potential for operational improvement and are sold again after stabilization and repositioning.

The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650) and are included in the SDAX selection index.

For further information, please contact:

Mutares SE & Co. KGaA

Investor Relations

Phone: +49 89 9292 7760

Email: ir@mutares.de www.mutares.com

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CROSS ALLIANCE communication GmbH

Susan Hoffmeister

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www.crossalliance.de

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CLAI

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Email: matthieu.meunier@clai2.com

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Tom Sutton

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