Mutares SE & Co. KGaA $MUX (+0.09%) has completed the takeover of the assets of S.M.A. Metalltechnik GmbH & Co. KG and its subsidiaries. S.M.A. Metalltechnik GmbH & Co. KG will be integrated into the SFC Group as a new subsidiary, thereby strengthening SFC's product expertise and customer portfolio.
S.M.A. Metalltechnik, headquartered in Backnang, Germany, specializes in the development and manufacture of high-density aluminium tubes, particularly for cooling media in the automotive sector, such as for interior air conditioning and battery cooling. In addition to Germany, the Group has production facilities in South Africa, Romania and China. In recent years, the company has built up long-term relationships with well-known customers from the automotive industry. With around 1,500 employees worldwide, the company is expected to generate sales of around EUR 160 million in 2025.
With the acquisition of S.M.A. Metalltechnik and its expertise in the areas of air conditioning and thermal management, the SFC Group completes its product offering in the field of fluid transfer systems and thus strengthens its position in the market. The transaction will also enhance existing customer relationships and provide access to a broader, high-value customer base. The SFC Group offers fluid transfer systems, lightweight products for fluids and sealing solutions for the automotive industry.
