Mutares SE & Co. KGaA

Behind the Scenes at Mutares In private equity, success is often measured by results. But behind those results are the people who make it all happen — many of whom work behind the scenes and aren’t always visible at first glance. At Mutares, we’re proud of the diverse and talented individuals who drive our firm forward every day — across departments, functions, and countries. We’ll introduce you to some of the people who make our work possible. Today we want to introduce Patrik Marten, LL.M. - Senior Manager Tax at Mutares Munich. 👋 Stay tuned to find out more about our team at Mutares. #SeniorManager #Tax #PrivateEquity #BehindTheScenes #CompanyCulture #MeetTheTeam #Mutares

#Portfolioinsights At Mutares, we are pleased to support the transformation of Natura, one of Poland’s leading beauty retailers, with over 200 stores nationwide and a strong online presence. With around 1,000 employees and revenues of approximately EUR 100 million, Natura offers a broad portfolio across Hygiene, Perfume, Make-up, Face & Body, and Haircare – combining renowned international brands with high-quality private labels. Since joining the portfolio, we have initiated a comprehensive turnaround program addressing both commercial and operational levers. On the commercial side, this includes developing a new value proposition for stores, accelerating e-commerce growth, optimizing and expanding the assortment, and introducing updated marketing and pricing strategies. Operationally, we are reshaping the store network, relocating underperforming locations while preserving local customer loyalty. We are also implementing a more efficient logistics model, consolidating transport services, and carving out selected indirect functions in close collaboration with the local team. By working hand in hand with the Natura organization, we are jointly shaping a stronger, more efficient business and a sustainable growth path for the future. #NaturaPoland #DrugStores #PrivateEquity #Mutares

Running deals by day – running together after work 🏃 Yesterday 15 colleagues from Mutares swapped the office for the running track and took part in this year's B2Run Munich. Instead of chasing personal bests, we all started together as Fun Starters – because the evening wasn't about finishing first, but about enjoying the experience as one team. Having even more colleagues cheering us on along the course made crossing the finish line together even more rewarding. As always, the best part came afterwards: wrapping up the evening over good food, cold drinks and plenty of conversations beyond the office. A great reminder that teamwork isn't just built in meeting rooms. #B2Run #TeamMutares #CompanyCulture #PrivateEquity #Mutares

Today is World AI Day 🌍 At Mutares, we see Artificial Intelligence as much more than a technology trend - we see it as a key enabler of operational excellence and sustainable value creation. With our dedicated AI team, we work closely with our portfolio companies to identify, implement and scale AI-driven solutions that create measurable impact across our businesses. Curious to learn more? Swipe through the slides to discover how AI is shaping the way we work at Mutares. #WorldAIDay #ArtificialIntelligence #AI #Mutares #OperationalExcellence #PrivateEquity #ValueCreation

#transactionnews Our portfolio company Redo has been successfully sold to Invex Group. Redo is one of Finland’s leading providers of first-response and property remediation services. The company offersinspection, demolition, drying and reconstruction services related to water, fire, moisture and odour damage. With approximately 250 employees and revenues of EUR 25 million in 2025, Redo operates a nationwide network of more than 20 locations, enabling the company to serve approximately 80% of the Finnish population within one hour. Since joining Mutares in 2023, Redo has undergone a comprehensive transformation and optimization program. The final sale now to a strategic buyer reflects the industrial attractiveness and future growth potential of the business. Johannes Laumann, CIO of Mutares, comments: "We are pleased to have found the right long-term owner for Redo in Invex Group. Their strong Nordic presence and industry expertise provide an excellent platform for the company's continued development. We thank the management team and employees for their commitment during Redo's time within the Mutares portfolio and wish them every success for the future." #Exit #Portfolio #ValueCreation #PrivateEquity

Behind the Scenes at Mutares In private equity, success is often measured by results. But behind those results are the people who make it all happen — many of whom work behind the scenes and aren’t always visible at first glance. At Mutares, we’re proud of the diverse and talented individuals who drive our firm forward every day — across departments, functions, and countries. We’ll introduce you to some of the people who make our work possible. Today we want to introduce Johan Haldén - TMO at Mutares Nordics. 👋 Stay tuned to find out more about our team at Mutares. #TMO #Operations #PrivateEquity #BehindTheScenes #CompanyCulture #MeetTheTeam #Mutares

#Portfolioinsights At Mutares, we are proud to have had NEM Energy Group Group, a global leader in heat transfer technology headquartered in Zoeterwoude, the Netherlands, as part of our portfolio for nearly four years following its acquisition in November 2022. With a heritage spanning more than a century through its two strong brands, NEM (founded in 1929) and Balcke-Dürr (dating back to 1883), NEM Energy Group combines engineering excellence with a strong focus on quality and innovation. As an OEM and aftermarket service provider, the company delivers heat recovery steam generators, heat exchangers, reactors, and comprehensive lifecycle services to customers worldwide. Today, NEM Energy Group ranks among the top three global suppliers by installed units. Together with the management team, we are advancing a strategy centered around three key market drivers: flexibility, CO₂ reduction, and emission reduction. This includes strengthening leadership in large HRSGs and bypass systems, expanding into new markets, and significantly growing the service business organically. By working closely with the NEM and Balcke-Dürr teams, we aim to leverage industrial synergies, deepen customer partnerships, and build a strong platform for sustainable, long-term growth in the global energy transition. With the recent signing of an agreement for the sale of NEM Energy Group, the company is now entering the next chapter of its growth journey. The closing of the exit is planned for the third quarter of 2026.  #NEMEnergyGroup #Engineering #PrivateEquity #Mutares

The Annual General Meeting of Mutares SE & Co. KGaA today approved the distribution of a dividend of EUR 2.00 per share for the fiscal year 2025. In addition, the Annual General Meeting granted discharge to the general partner, Mutares Management SE, the Supervisory Board and the Shareholders’ Committee for the fiscal year 2025 by a clear majority. All other resolutions proposed by the Management were approved by the shareholders by a large majority. Johannes Laumann (CIO) and Mark Friedrich (CFO) led through the Annual General Meeting. Their presentation focused on the report for the fiscal year 2025, the successfully implemented capital increase, the exceptional momentum on both the buy and sell sides, the accelerated international expansion, and the development of new growth platforms for future value creation. The Management Board confirmed the forecast for the fiscal year 2026, with expected Group revenues of between EUR 7.9 billion and EUR 9.1 billion, and a net income for Mutares Holding of between EUR 165 million and EUR 200 million. The medium-term growth targets announced for the fiscal year 2030 – at least 25% per year for Group revenues and the Holding net income – were also reaffirmed. Johannes Laumann, CIO of Mutares: “With the successful completion of the capital increase, the largest exit pipeline in our Company’s history and the establishment of the new Chemicals & Materials segment, we have laid the foundations to usher in the next phase of growth for Mutares. At the same time, we have numerous concrete opportunities to realize value within our portfolio and consider ourselves excellently positioned to achieve our ambitious targets for the current fiscal year 2026 and beyond.” All proposed resolutions put to vote were approved by a clear majority. The Annual General Meeting resolved to appoint PricewaterhouseCoopers GmbH, Munich, as the new auditor of the annual and consolidated financial statements for the fiscal year 2026. The Management Board provided comprehensive answers to shareholders’ questions as part of a constructive dialogue. The general partner, Mutares Management SE, as well as the members of the Supervisory Board and the Shareholders’ Committee, were discharged for the past fiscal year 2025 by a clear majority. The voting turnout at the time of the vote was 40.63%. Read the full press release on our website: https://bit.ly/4wsB32Y #AnnualGeneralMeeting #InvestorMeeting #Mutares #ListedPrivateEquity

Our CIO Johannes Laumann recently joined the “Der Anleger Podcast” to discuss the dynamics of today's investment landscape. In the episode, he shares insights into Mutares' investment approach, exit strategies, the current M&A market and the opportunities presented by the US market. A great conversation on creating value through operational expertise and strategic execution. 🎧 Listen to the full episode in german here: https://lnkd.in/eUNhWZ7B #Podcast #MergersAndAcquisitions #ValueCreation #Mutares #PrivateEquity

#transactionnews Our portfolio company Amaneos successfully completed the acquisition of the European Automotive Lighting Business from Magna as strategic add-on for LMS The acquisition represents a transformational add-on for Amaneos and its subsidiary LMS, significantly enhancing the Group’s system integration capabilities by combining exterior modules with advanced lighting technologies under one industrial platform. In 2025, the business generated approximately EUR 200 million in revenues and employed around 1,500 people. Its portfolio covers rear lighting, front lighting, accent lighting as well as illuminated grille and panel solutions, supported by advanced competencies in LED, OLED, micro/mini LED and matrix ADB systems. LMS, part of Amaneos Group, has acquired Magna’s European lighting operations, comprising of two manufacturing plants in Moncalieri (Italy) and Kostrzyn nad Odrą (Poland), as well as two engineering centers in Rivoli (Italy) and Ostrava (Czech Republic). By integrating rear and front lighting solutions directly into LMS's exterior panels, Amaneos moves further up the value chain — from component production to complex, technology-driven module solutions — offering OEMs enhanced functionality, design flexibility and reduced interface complexity. The combination broadens the commercial footprint across high-volume and premium segments, while shared R&D, procurement and manufacturing structures are expected to accelerate innovation cycles and drive operational efficiencies and margin expansion. #addon #portfolio #expansion #US