Mutares SE & Co. KGaA (XTRA:MUX) entered into agreement to acquire 50% stake in Peugeot Motocycles SAS from Mahindra Two Wheelers Europe Holding S.a.r.l on November 10, 2022. The closing of the transaction is expected in the first quarter of 2023 after consultation of the works councils and is subject to approval of the antitrust authorities. Peugeot Motocycles generating revenues of approximately €140 million.

Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of 50% stake in Peugeot Motocycles SAS from Mahindra Two Wheelers Europe Holding S.a.r.l on February 1, 2023.