Mutares SE & Co. KGaA $MUX (-0,19%) has completed the acquisition of the VR Road Logistics business from the state-owned VR Group.
- Further strengthening of Mutares' presence in Finland after the successful acquisition of Palmia and Redo
- New platform investment for the Goods & Services segment
VR Road Logistics is a leading road logistics company providing mainly full truckload services to large industrial customers in the forestry, metals, construction and mining sectors. The company offers full truckload, circular economy, supply chain logistics and warehousing services. VR Road Logistics has long-term relationships with several blue-chip customers. The division generated revenue of approximately EUR 80 million in 2023
