Mutares SE & Co. KGaA $MUX (+0%) has signed an agreement for the sale of Asteri Facility Solutions ("Asteri") to SOL Facility Services, with the closing taking place on the same day. The exit was already completed in December 2024, with the publication of the press release postponed to after the holidays in consideration of business operations. Following a successful repositioning of Asteri, Mutares was able to create a platform for further growth.
Johannes Laumann, CIO of Mutares, comments: "I am pleased to announce the sale of our portfolio company Asteri. The new owner SOL Facility Services is part of the Finnish family-owned SOL Group, which is one of the largest players in the Nordic and Baltic countries. The SOL Group has an annual turnover of over EUR 400 million and employs around 14,000 people. I am confident that the company will continue to develop in the right direction under the new ownership."