Mutares has successfully completed the acquisition of Drum Brake Location in Italy from AUMOVIO

Mutares has successfully completed the acquisition of Drum Brake Location in Italy from AUMOVIO
• Transaction involves its manufacturing and R&D location in Cairo Montenotte (Italy), including all employees and business activities
• Strengthening Mutares’ Automotive & Mobility segment
• Revenues of about EUR 100 million expected for 2025

Please see attached PDF to view the full announcement.