Mutares SE & Co. KGaA (XTRA:MUX) signed an agreement to acquire GEA Farm Technologies Japy SAS and Royal De Boer Stalinrichtingen B.V. from GEA Group Aktiengesellschaft (XTRA:G1A) on November 4, 2020. Upon completion of the transaction, both companies will remain in their units and will be placed under a newly created intermediate holding company of Mutares. GEA Farm Technologies reported revenues of €20 million while Royal De Boer Stalinrichtingen reported revenues of €30 million in 2019. The deal is subject to merger control approval and is expected to complete by the end of December 2020.

Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of GEA Farm Technologies Japy SAS and Royal De Boer Stalinrichtingen B.V. from GEA Group Aktiengesellschaft (XTRA:G1A) on December 31, 2020. Karl Hepp de Sevelinges, Ruben Koslar, Perrine Fuchs, Laetitia Ternisien and Gabriel Di Chiara of Jeantet & Associés acted as legal advisors to GEA Group Aktiengesellschaft. Michiel Pannekoek, Philippe konig, Philip van der Eijk, Jessica den Dekker, Alessia Ponticorvio, Jeroen van Mourik and Naomi Dempsey of Houthoff Buruma Coöperatief U.A. also provided legal advise to GEA Group Aktiengesellschaft. Thomas Hains, Guillaume Bouté and Clementine Quintard of CMS Francis Lefebvre Avocats and Isabelle van den Hoogen of CMS Derks Star Busmann N.V. acted as legal advisors to Mutares SE & Co. KGaA.