on Mutares SE & Co. KGaA (isin : DE000A2NB650)
Mutares Acquires Nervión Industries from Amper S.A.
Mutares SE & Co. KGaA has signed an agreement to acquire Nervión Industries, Engineering and Services, S.L.U. from Amper S.A. This acquisition marks Mutares' eighteenth in 2024 and aims to bolster its Goods & Services segment. The transaction is expected to conclude in Q1 2025, enhancing Mutares' industrial services capabilities.
Founded in 1956, Nervión is a prominent player in the Iberian industrial services market, focusing on sectors such as oil & gas, industrial, and energy. The company reported approximately EUR 200 million in revenues for 2023, underlining its significant market presence and potential for growth.
Johannes Laumann, CIO of Mutares, highlighted the strategic benefits of the acquisition, emphasizing Nervión's strong brand in Spain and its growth potential. The company aims to leverage its expertise to support Nervión’s development and future success.
R. P.
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