Mutares $MUX (-2.14%)
announced on Wednesday its fifteenth acquisition in calendar year 2024

Mutares SE & Co KGaA has signed an agreement to acquire Natura sp. z o.o. from Pelion S.A.

• One of the leading retailers of beauty products in Poland

• approx. EUR 100 million revenue in financial year 2023

Johannes Laumann, CIO of Mutares, comments: "With the acquisition of Natura, we are adding a traditional brand to our portfolio and further strengthening our Retail & Food segment by entering the Polish retail market. The company is an established player in the ever-growing beauty industry and has significant growth potential in its product categories to meet the increasing demand driven by the strength of the Polish consumer. We at Mutares look forward to working with the management team and employees to adapt the business to changing consumer preferences, prepare it for the next phase of growth and build a solid foundation for the company's future success."

The transaction is expected to close in Q4 2024.