Mutares AG is a private equity firm established in 2008 and headquartered in Paris, France. The firm focuses on acquiring small and medium-sized enterprises with the objective of sustainably enhancing their value. Mutares primarily invests in various sectors, including automotive, mobility, engineering, technology, retail, food, and goods and services. Through its strategic acquisitions, Mutares aims to foster growth and improve operational performance in the companies it partners with.
The Nbhx Trim Group provides vehicle interiors and innovative products that elevate the perception, including beautiful wooden surfaces.
SMA Metalltechnik
Acquisition in 2025
SMA Metalltechnik is an innovative automotive supplier with experience in pipe manufacturing and has been a trusted partner.
Nervión Industries, Engineering and Services
Acquisition in 2024
Nervión Industries, Engineering and Services provides industrial services and applied engineering in strategic sectors.
Alcura
Acquisition in 2024
Alcura partners with healthcare companies, professionals and organizations to provide innovative personalized solutions that improve patient care and treatment experience. They help deliver medicines, run clinical trials, and outsource patient support services for secondary care. Alcura operates in seven European countries: the UK, France, Spain, Italy, The Netherlands, Germany and Romania.
VR Group - VR Road Logistics Business
Acquisition in 2024
VR Group - VR Road Logistics Business is a Finnish road logistics company that provides services to industrial clients in the forestry, metals, construction, and mining sectors.
Drogerie Natura
Acquisition in 2024
Drogerie Natura offers cosmetics and beauty products.
Buderus Edelstahl
Acquisition in 2024
Buderus Edelstahl is a manufacturer based in Wetzlar, Germany, specializing in high-grade steels and forged components. The company produces a variety of products, including tool and special engineering steels, open die forgings, and drop-forged components. Additionally, Buderus Edelstahl offers hot and cold strip as well as rolled semi-finished products, catering to the needs of clients with reliable and established standard steel solutions.
Sofinter
Acquisition in 2024
Sofinter Group is a key player in the international energy sector, specializing in the manufacture of plants and components for steam production and electricity generation. The company is recognized for its expertise in designing and constructing industrial boilers and heat recovery systems, particularly under the Macchi brand, which serves the refining, oil and gas, and petrochemical industries. Additionally, through its AC Boilers division, Sofinter is a leader in the design and construction of utility boilers for power generation. The group also engages in desalination and seawater treatment processes via its SWS division, and it offers comprehensive EPC services for industrial plant management through EUROPOWER. Furthermore, Sofinter operates CCA Centro Combustione Ambiente, a prominent European combustion research center focused on developing innovative combustion techniques that prioritize low emissions and environmental sustainability. Its subsidiary ITEA has pioneered pressurized flameless oxy-combustion technology, recognized for achieving close to zero emissions.
Greenview Group
Acquisition in 2024
Greenview Group is an electrical contracting company that provides a range of integrated building services, catering to both public and private sector clients in the United Kingdom and Ireland. The company specializes in mechanical, electrical, and heating services, alongside sustainable energy solutions and asset maintenance. By focusing on quality delivery and efficiency, Greenview Group aims to offer custom solutions that deliver value for money and foster innovation in the industry.
Temakinho
Acquisition in 2024
Temakinho is a restaurant chain based in Ibiza, Spain, specializing in Japanese-Brazilian cuisine. The establishment is committed to sourcing high-quality raw materials from responsible suppliers, farmers, and fishermen dedicated to their craft. Temakinho prepares its signature temakies immediately after orders are placed, ensuring the seaweed remains crisp. The rice used is sourced from controlled farming and is cooked daily, while all fish is fresh and processed according to health standards, making the meals suitable for a wide range of customers, including pregnant women. The restaurant is renowned for its caipirinha, crafted by skilled Brazilian bartenders who infuse the drink with a sense of nostalgia and cheerfulness. In addition to caipirinhas, Temakinho serves energizing smoothies made from tropical fruits and offers popular Brazilian beers and fizzy drinks. The venue also accommodates private parties, corporate events, weddings, and business meetings, providing fresh food for various occasions.
Recover Nordic Finland
Acquisition in 2023
Recover Nordic Finland is a provider of professional property remediation, damage restoration, and repair construction services to companies, communities, and individuals.
BEW-Umformtechnik
Acquisition in 2023
BEW-Umformtechnik specializes in the manufacturing of highly stressed forged parts, catering to various commercial industries. The company offers a range of products, including solid-formed parts, drop-forged steel parts, axle steering mechanisms, gear components, and customized forged parts. Their services extend to tool production, CAD design, forging, heat treatment, and part processing. BEW-Umformtechnik serves clients across multiple sectors, including transportation, agriculture, construction, general mechanical engineering, and hydraulics, demonstrating a commitment to delivering high-quality solutions tailored to the specific needs of diverse industries.
Walor
Acquisition in 2023
The WALOR Group is a prominent European leader in the mechanical parts market, with 12 production sites across five countries and a workforce of 1,600 employees. The company specializes in the design, production, and assembly of high-precision mechanical parts and sub-systems, primarily through cold forging and machining processes. Its product offerings include forgings and machined components for critical applications such as engines, gearboxes, and steering systems. WALOR serves major manufacturers, system operators, and automotive suppliers, helping them meet their quality, cost, and capacity requirements in the automotive and energy sectors.
NEM Energy
Acquisition in 2022
NEM Energy, established in 1929, is a leading engineering company specializing in steam generating equipment. The company designs and manufactures custom solutions for Heat Recovery Steam Generators (HRSG), Waste Heat Recovery Units (WHRU), and Exhaust and Diverter Solutions (EDS), catering to the power generation, renewable energy, and oil and gas industries. NEM Energy's expertise extends from the initial design phase through to after-sales services, ensuring that clients can optimize energy efficiency in their operations. By providing tailored products and solutions, NEM Energy plays a crucial role in enhancing energy generation and sustainability for clients worldwide.
Steyr Motors Company
Acquisition in 2022
Steyr Motors Company, established in 1978, is a Chinese manufacturer specializing in high-end small diesel engines. Based in Changzhou, the company produces and sells a diverse range of engine products, including marine diesel generators, special application products, and civil products such as multi-fuel systems and engine control systems. Its engines power various applications, from commercial and passenger vehicles to construction machinery, ships, agricultural equipment, and military vehicles, all within the Chinese market.
MoldTecs
Acquisition in 2022
MoldTecs is a global supplier of high-performance plastic parts specifically designed for the automotive industry. The company provides a diverse product portfolio that includes air intake manifolds, high-pressure air lines, and fluid reservoirs. By focusing on the mobility sector, MoldTecs aims to contribute to cleaner mobility, cleaner air, and cleaner water through its innovative products, serving all leading original equipment manufacturers (OEMs) worldwide.
LMS - Light Mobility Solutions
Acquisition in 2022
LMS is a tier-1 supplier for bumper, front modules and other exterior parts for large automotive OEMs.
Sirti
Acquisition in 2022
Sirti is a service provider focused on the telecommunications, energy, and transportation sectors. The company specializes in the design and implementation of telecommunications infrastructure, offering turnkey solutions for mobile, broadcast, and fixed networks. Sirti's expertise extends to managed services, system integration, and the execution of specialized projects, enabling clients to enhance their operational capabilities in these critical industries.
Cimos
Acquisition in 2022
Cimos is a manufacturer of mechanical components and modules for the automotive industry, primarily serving clients in Slovenia, Croatia, Bosnia and Herzegovina, and Serbia. The company specializes in producing and exporting a range of components including compressor and center housings, engine brackets, gearbox parts, nozzle rings, and flywheels. Cimos focuses on innovative product design and the use of alternative materials to create customized products, which contribute to reducing vehicle weight and improving overall business performance. The company's management policy emphasizes good management principles and aims to achieve long-term objectives, positioning Cimos as a leading supplier in the European automotive sector.
Vallourec
Acquisition in 2022
Vallourec is a leading provider of premium tubular solutions, primarily catering to the energy sector and demanding industrial applications, including oil and gas wells, power plants, architectural projects, and high-performance mechanical equipment. With over 50 years of experience, the company has established itself as a significant player in the seamless precision steel tube market, holding a substantial market share in Europe. Vallourec's operations are organized into several business segments, including Seamless Tubes, Specialty Products, and various holding companies. The company's diverse product portfolio features a wide range of seamless tubes, specialty tubes, and related connections and accessories. Vallourec serves a broad geographic market, with its primary revenue sources stemming from North America, while also maintaining a presence in Europe, South America, Asia, and other regions.
Cimos d.d.
Acquisition in 2022
Cimos d.d. is a manufacturer and marketer of automotive parts and equipment, specializing in a diverse range of components such as compressor housings, central housings, variable turbine geometry products, engine and accessory brackets, flywheels, exhaust system parts, turbo pipes, brake drums and discs, and gearbox parts. Founded in 1972 and headquartered in Koper, Slovenia, the company serves automotive manufacturers both locally and internationally through a robust network of suppliers. Cimos d.d. operates multiple production facilities across Slovenia, Croatia, Bosnia and Herzegovina, and Serbia, enabling it to meet the demands of the automotive industry effectively.
Special Melted Products
Acquisition in 2022
Special Melted Products has a rich heritage in metals production that dates back to the 1800s. The company specializes in manufacturing premium specialty steels and nickel-based superalloys, which are essential for critical applications in the aerospace, oil and gas, and civil nuclear industries. Utilizing advanced melting technology, the company transforms waste steel into various low-alloy, stainless, and maraging steels, as well as non-magnetic grades. Special Melted Products also provides project management services, catering to original equipment manufacturers, forgers, and machine shops. This positions the company as a comprehensive solution provider for multiple melted alloys and component requirements in the specialized materials sector.
Guascor Energy
Acquisition in 2022
Guascor Energy specializes in the manufacture of gas engines ranging from 0.2 MW to 2.0 MW, catering to various applications including power generation, cogeneration, waste-to-energy, and maritime use. With over 50 years of experience, the company boasts a diverse product portfolio that includes engines, spare parts, and aftermarket services. Guascor Energy has a strong history of innovation, introducing high-performance gas piston engines. Its products are distributed through a well-established network of distributors and agents, who possess extensive knowledge of local markets and maintain a loyal customer base. The company is actively involved in research and development, focusing on harnessing energy from renewable sources and adapting to trends such as decarbonization and decentralization in the energy sector. Following its acquisition by Siemens Energy in 2017, Guascor Energy is now operating independently under the leadership of Mutares, positioning itself for continued growth in the energy infrastructure market.
Asteri Facility Solutions
Acquisition in 2021
Asteri Facility Solutions is a facility management services provider based in Stockholm, Sweden, serving both public and private customers across various industries. The company operates in major cities throughout Sweden and offers a range of services organized into four main areas: facility management, office services, conference services, and hotel services. Asteri specializes in advanced cleaning solutions and hotel facility management, including window and facade cleaning, which helps clients maintain a clean and professional working environment for their employees.
Frigoscandia Distribution
Acquisition in 2021
Frigoscandia Distribution is a provider of temperature controlled logistics services, including transportation and warehousing.
Innomotive Systems Hainichen
Acquisition in 2021
Innomotive Systems Hainichen is a German manufacturer and supplier specializing in components for the automotive industry. Established in 1992, the company operates a plant in Hainichen where it produces a range of products, including aluminum hinges, door stops, oil pumps, and various aluminum components. Their offerings encompass hinges with integrated door holders, modular and standard hinges, door stays, rear pivot door hinges for vans, and bonnet hinges, as well as processing services for aluminum components. Innomotive Systems Hainichen is recognized for its commitment to quality and innovation in automotive manufacturing.
Ganter Group
Acquisition in 2021
Ganter Group is engaged in the construction sector and offers a range of real estate services. The company provides general contracting services tailored for retail, commercial, and residential markets. Its diverse offerings encompass fittings, interior design and planning, engineering, project management, and renovations for various properties, including hotels, offices, restaurants, and luxury brands. By delivering these services, Ganter Group helps clients fulfill their specific project requirements efficiently in terms of both cost and schedule.
Lapeyre
Acquisition in 2021
Lapeyre is an e-commerce platform and manufacturer specializing in home improvement products for both professionals and individuals. The company offers a diverse selection of interior and exterior home furnishings, including windows, doors, stairs, and kitchen and bathroom furniture. By providing adaptable and accessible products, Lapeyre aims to meet the needs of customers looking to enhance their living and working spaces.
ADComms
Acquisition in 2021
ADComms specializes in delivering comprehensive telecommunications services tailored to the transportation and mobile telecom sectors in the UK. The company offers a range of solutions, including modular engineering, design, logistics, integration, installation, decommissioning, and testing of critical communication systems, such as command and control, CCTV, access control, trespass warning systems, and passenger information systems. With extensive experience in these markets, ADComms prides itself on providing innovative engineering solutions supported by quality service and maintenance. The company emphasizes understanding customer needs and the complexities of project deliverables, timelines, and safety standards. ADComms has established a strong reputation in the rail sector, notably through its successful collaboration with Network Rail on projects like FTN/GSM-R, backed by the necessary accreditations for trackside work. By fostering close partnerships with clients, ADComms is committed to delivering projects that account for whole life asset costs while maintaining an excellent operational and safety record.
Repartim
Acquisition in 2021
Repartim is a provider of home repair services aimed at both residential and commercial customers. The company offers a range of services including troubleshooting, building renovation, water damage control, leak detection, fire control, and emergency repairs. By focusing on affordability and quality, Repartim enables customers to access essential repair and renovation solutions efficiently.
Clecim
Acquisition in 2021
Manufacturer of mechatronics and spare parts intended for metals, forging, shipbuilding and other heavy industries. The company specializes in mechanical welding, machining, assembly, piping, painting and testing as well as offers manufacturing and commissioning of carbon and stainless-steel processing lines, thereby providing clients with stainless-steel rolling mills as well as industrial product as per their requirement.
La Rochette Cartonboard
Acquisition in 2021
Founded in 1873 La Rochette Cartonboard SAS is a manufacturer of cardboard packaging products (FBB) used for the pharmaceutical, food and other sectors in which quality cardboard is required. From our production facility in Valgelon – La Rochette / France we serve a well-diversified customer base. As an independent company flexibility, quality and a good customer service are most important to us. Our main production input is mechanical pulp, wood chips, a side product from local saw mills. With short ways of transportation and a lower usage of adaptives than other paper producers our products have a low environmental impact. A biomass boiler is further supporting a sustainable production.
Iinovis
Acquisition in 2020
Iinovis is an automotive engineering service provider specializing in vehicle development, simulation, testing, and electrics/electronics for both original equipment manufacturers (OEMs) and Tier 1 suppliers. The company also engages in the production of prototypes and small series, as well as the manufacturing of cable harnesses. Operating from five locations in Germany, Iinovis has access to test tracks in Spain, enhancing its capabilities in automotive engineering and development.
Royal De Boer
Acquisition in 2020
Royal De Boer is a manufacturer based in Leeuwarden, Netherlands, specializing in livestock housing materials and barn equipment. The company provides a range of products including feed fences, cubicles, ventilation systems, cow handling solutions, and manure management systems. By offering these technologies, Royal De Boer aims to facilitate easier farming practices for livestock producers.
Japy Tech
Acquisition in 2020
Japy Tech is a manufacturer based in Dijon, France, specializing in high-quality cooling tanks tailored for the dairy industry. The company produces a range of cooling machines, including pre-cooling systems, heat recovery units, and modular chillers, designed to meet various storage needs for fresh milk. In addition to manufacturing, Japy Tech offers maintenance services to ensure the efficient operation of its products. These offerings enable dairy farms to effectively store fresh milk before it is collected and shipped, supporting both European and global markets.
Terranor
Acquisition in 2020
Terranor AB is a prominent contractor in Sweden specializing in the operation and maintenance of state and municipal road networks. With a workforce of nearly 200 employees and a robust network of subcontractors, the company is responsible for the upkeep of approximately 18,000 kilometers of roads. Terranor provides a range of essential services, including snow removal, road surveillance, maintenance, installation of traffic signs, wildlife fences, and road markings. By focusing on timely project completion and cost efficiency, Terranor aims to ensure high levels of customer satisfaction for its state, municipal, and private clients.
Lacroix + Kress
Acquisition in 2020
Lacroix + Kress GmbH is a manufacturer specializing in high-quality copper wire products tailored for various industries, including cable, automotive, food, and aircraft. The company produces a range of copper wire rods, including oxygen-free options, as well as round wires, multiple wires, and strands. Their product offerings include copper wire with bare, tinned, silver-plated, and nickel-plated surfaces, allowing clients to adhere to the stringent standards required across multiple industrial sectors.
Elastomer Solutions
Acquisition in 2020
Manufacturer of rubber and rubber-to-plastic components primarily for the automotive industry. The company offers rubber, thermoplastic, and rubber-to-plastic (2K) components as well as cable grommets which are made from thermoplastic elastomers (TPE) making them shock-resistant, thereby enabling clients to protect wires and automotive electronics within the car body from mechanical stresses, dust, and water.
SABO Maschinenfabrik
Acquisition in 2020
SABO manufactures lawnmowers and other outdoor power products and markets them to homeowners, municipalities, and gardening and landscaping companies.
PrimoTECS
Acquisition in 2020
PrimoTECS, established by Mutares in February 2020, specializes in manufacturing forged steel components primarily for the engine, transmission, and driveline sectors of the automotive industry. The company operates a forging plant in Avigliana and another in Villar Perosa, utilizing advanced forging technologies that include vertical hot, cold, and warm forging, as well as heat treatment. Their capabilities encompass a wide range of automatic forging presses suited for various temperature ranges, allowing for the production of components for electric, hybrid, and conventional drives. Additionally, PrimoTECS offers in-house tooling and assembly services, ensuring comprehensive finishing operations for their products.
Kico
Acquisition in 2019
Kico specializes in the development and manufacturing of components for the automotive industry, focusing on the European market. The company produces a range of products, including hinges, locking systems, mechatronic systems such as electric rear hood drives and convertible top locks, as well as components for exhaust systems and door strikers. Kico's offerings are designed to meet the stringent quality requirements of the automotive sector, providing flexible and precision-engineered solutions tailored to the needs of its clients. Through its commitment to innovation and market-driven design, Kico aims to support the evolving demands of the automotive supply chain.
Keeeper
Acquisition in 2019
Keeeper is a privately held manufacturer specializing in plastic and paper household products. The company focuses on creating items designed to enhance organization and tidiness in homes. Its product range includes baskets, buckets, waste bins, laundry baskets, multi boxes, changing mats, bathing stands for children, and baby bathing nets. Keeeper aims to provide customers with sustainable, durable, functional, and affordable solutions for everyday storage and organization needs.
Gemini Rail Group
Acquisition in 2018
Provider of industrial, technological and infrastructure services intended to cater to the needs of the rail industry. The company offers turnkey services for train refurbishment, modernization and external project management as well as station communications and management systems services, ensuring its clients meet the demands reliably while focusing on safety and sustainability.
Donges Group
Acquisition in 2017
Donges Group is a leading supplier of bridges and steel construction, as well as roof and façade systems in Europe. The company combines strong brands: Donges SteelTec GmbH, Kalzip GmbH, Nordec Oy, FDT Flachdach Technologie GmbH, and Permasteelisa Espana Donges Group SA. Donges Group employs around 1300 people worldwide and has a turnover of approximately 500 million euros.
Balcke-Dürr
Acquisition in 2016
Balcke-Dürr is a company with over 130 years of experience specializing in the manufacture of components aimed at enhancing energy efficiency and minimizing environmental impact for various industries. The firm produces essential components such as heat exchangers, cooling towers, and systems for nuclear decommissioning, as well as offering maintenance services for power, chemical, and industrial plants. By focusing on these critical areas, Balcke-Dürr supports its clients in achieving improved energy efficiency and reduced emissions, contributing to more sustainable industrial operations.
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