Thirteenth acquisition in 2024: Mutares has signed an agreement to acquire the business of Buderus Edelstahl GmbH from the voestalpine AG

Thirteenth acquisition in 2024: Mutares has signed an agreement to acquire the business of Buderus Edelstahl GmbH from the voestalpine AG

• New platform investment to strengthen the Engineering & Technology segment
• Renowned German manufacturer of high-quality special steels
• Approx. EUR 360 million in revenues generated in the fiscal year 2023/2024
• Total assets of approx. EUR 200 million transferred

Please see attached PDF to view the full announcement.