Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Mutares SE & Co. KGaA    MUX   DE000A2NB650

MUTARES SE & CO. KGAA

(MUX)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Mutares SE & Co. KGaA: Mutares successfully completes the acquisition of SABO Maschinenfabrik from John Deere

share with twitter share with LinkedIn share with facebook
09/01/2020 | 04:00am EDT

DGAP-News: Mutares SE & Co. KGaA / Key word(s): Investment/Takeover
Mutares SE & Co. KGaA: Mutares successfully completes the acquisition of SABO Maschinenfabrik from John Deere

01.09.2020 / 08:55
The issuer is solely responsible for the content of this announcement.


Mutares successfully completes the acquisition of SABO Maschinenfabrik from John Deere

- Leading European manufacturer of lawnmowers and other outdoor power tools

- Strengthens the Goods & Services segment as a platform

Munich/Gummersbach, 01 September, 2020 - Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of SABO Maschinenfabrik from John Deere, which was signed in June 2020.

SABO Maschinenfabrik GmbH, one of Europe's leading brands for high-quality hand-held lawnmowers and portable power tools, will strengthen the Goods & Services segment of Mutares' portfolio as a new platform investment.

The company employs around 125 people at its production site in Gummersbach, Germany. Since its foundation in 1932, the SABO brand has been associated with the highest quality and reliability. The company will therefore continue to retain its brand ownership in the future.

SABO markets its products both to the end consumer via the in-house web store as well as to the specialized trade and public institutions such as municipalities or cities. Through the existing network, SABO works together with more than 1,100 specialized dealers as well as garden and landscape designers in Europe.

Company profile Mutares SE & Co. KGaA

Mutares SE & Co. KGaA, Munich (www.mutares.de), acquires medium-sized companies and parts of groups with headquarter in Europe that are being sold in the course of a repositioning process at their owners and show a clear potential for operational improvement. Mutares actively supports and develops its portfolio companies with its own investment and consulting teams as well as through acquisitions of strategic add-ons. The aim is to achieve a clear value increase with a focus on sustainable, long-term growth of the portfolio company. In 2019, Mutares' portfolio companies generated consolidated revenues of EUR 1,016 million and employed more than 6,500 people worldwide. The shares of Mutares SE & Co. KGaA are listed on Frankfurt Stock Exchange under the ticker symbol "MUX" (ISIN: DE000A2NB650).

For further information please contact us:

Mutares SE & Co KGaA
Investor Relations
Phone +49 89 9292 7760
email: ir@mutares.de
www.mutares.de

Press contact
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone +49 89 125 09 0333
Email: sh@crossalliance.com
www.crossalliance.com

 



01.09.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Mutares SE & Co. KGaA
Arnulfstr.19
80335 Munich
Germany
Phone: +49 (0)89-9292 776-0
Fax: +49 (0)89-9292 776-22
E-mail: ir@mutares.de
Internet: www.mutares.de
ISIN: DE000A2NB650
WKN: A2NB65
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Stuttgart, Tradegate Exchange
EQS News ID: 1125787

 
End of News DGAP News Service

1125787  01.09.2020 

fncls.ssp?fn=show_t_gif&application_id=1125787&application_name=news&site_id=zonebourse
© EQS 2020

share with twitter share with LinkedIn share with facebook
All news about MUTARES SE & CO. KGAA
10/20MUTARES SE & CO. KGAA ON TRACK : Private equity investor with new guidance - Tar..
EQ
10/13MUTARES SE & CO. KGAA : Seventh Buyside Transaction in 2020: Mutares acquires th..
EQ
09/25MUTARES SE & CO. KGAA : Notification and public disclosure of transactions by pe..
EQ
09/25MUTARES SE & CO. KGAA : Notification and public disclosure of transactions by pe..
EQ
09/25MUTARES SE & CO. KGAA : Notification and public disclosure of transactions by pe..
EQ
09/21MUTARES SE & CO. KGAA : Notification and public disclosure of transactions by pe..
EQ
09/17MUTARES : resolves on share buyback program with a volume of up to EUR 2.5 milli..
EQ
09/02MUTARES SE & CO. KGAA : Notification and public disclosure of transactions by pe..
EQ
09/01MUTARES SE & CO. KGAA : Mutares successfully completes the acquisition of SABO M..
EQ
08/28MUTARES : Notice from written resolution on proposed amendments to the bond term..
EQ
More news
Financials
Sales 2020 1 668 M 1 942 M 1 942 M
Net income 2020 10,4 M 12,1 M 12,1 M
Net Debt 2020 203 M 237 M 237 M
P/E ratio 2020 5,91x
Yield 2020 9,45%
Capitalization 161 M 188 M 188 M
EV / Sales 2020 0,22x
EV / Sales 2021 0,18x
Nbr of Employees 12 500
Free-Float 58,3%
Chart MUTARES SE & CO. KGAA
Duration : Period :
Mutares SE & Co. KGaA Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MUTARES SE & CO. KGAA
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 18,00 €
Last Close Price 10,58 €
Spread / Highest target 89,0%
Spread / Average Target 70,1%
Spread / Lowest Target 51,2%
EPS Revisions
Managers
NameTitle
Robin Laik Chief Executive Officer
Volker Rofalski Chairman-Supervisory Board
Mark Friedrich Chief Financial Officer
Micha Bloching Member-Supervisory Board
Lothar Koniarski Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
MUTARES SE & CO. KGAA-16.82%188
HONEYWELL INTERNATIONAL INC.-6.81%115 759
SIEMENS AG-13.59%93 239
3M COMPANY-9.33%91 415
GENERAL ELECTRIC COMPANY-33.51%64 560
ILLINOIS TOOL WORKS INC.9.05%62 224