1Mes·

Mutares has completed the acquisition of the Buderus Edelstahl GmbH business from voestalpine AG

New platform investment to strengthen the Engineering & Technology segment
Renowned German manufacturer of high-quality special steels
EUR 360 million turnover in financial year 2023/2024

Munich, February 3, 2025 - Mutares SE & Co. KGaA (ISIN: DE000A2NB650) $MUX (+3,1%) has completed the acquisition of the business of Buderus Edelstahl GmbH from voestalpine AG. The company will strengthen Mutares' Engineering & Technology segment as a new platform investment.

Founded in 1731, Buderus Edelstahl GmbH ("Buderus") is a manufacturer of high-quality special steels with a focus on tool steel, engineering steel, open-die forgings, closed-die forgings, hot-rolled strip, cold-rolled strip and semi-finished rolled products, which it supplies to a wide range of customers worldwide. Buderus is a market leader in the tool steel and engineering steel segments and is known for its high-quality products. The company's diversified customer portfolio with around 350 active customers is spread across various sectors and end markets, such as light vehicles, mechanical engineering, the truck industry and wind power. With around 1,100 employees, the company generated sales of around EUR 360 million in the 2023/2024 financial year. Buderus has a highly industrialized production site in Wetzlar with a maximum annual processing capacity of around 360 kilotons.

12 Commenti

SP@spellwan

1Mes

The next "Wirecard"

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Dividendenopi👴@Dividendenopi

1Mes

@spellwan Interesting assessment. Would you please explain more about this?

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SP@spellwan

1Mes

@Dividendenopi Inconsistencies in the balance sheet - unstable company - short-seller attack - continuous takeover of companies.

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S.A.U.@SAUgut77

1Mes

@spellwan What a load of rubbish...🤫

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SP@spellwan

1Mes

@SAUgut77 was also said at the time of the first negative rumors about Wirecard. There were many idiots who continued to invest despite the negative news.

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Dividendenopi👴@Dividendenopi

1Mes

@spellwan Take a closer look at Mutares. Gotham City has rather launched a short-seller attack with speculation, of course out of its own interest. And they have already shown that they are no choirboys with the example of Aurelius. The fact that Mutares is constantly taking over companies is due to the company's business model, the acquisition and development of companies 🤷‍♀️ It should be clear to anyone who invests there that things sometimes don't go as planned. Mutares is one of my more speculative investments and is under constant observation. The dividend fits in with my strategy for the time being, although I think it is somewhat exaggerated in terms of amount and tactically probably also to increase investor confidence and interest. And as long as the management still holds around 35% of the shares, their interest in driving the company to the wall is likely to be rather low. Should insider sales of this magnitude occur at some point, then we should be on our guard.

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SP@spellwan

1Mes

@Dividendenopi I wish you the best of luck. I immediately decide against a company when I hear such negative news. Fortunately, there are plenty of other companies to invest in.

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Dividendenopi👴@Dividendenopi

1Mes

@spellwan good luck with your investments, thank goodness we don't all put our money into the same share

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S.A.U.@SAUgut77

1Mes

@spellwan and there are Ixxxxx who simply post meaningless half-knowledge here without informing themselves further.

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