"Mutares announces planned exits for this year"
In an exclusive interview, Johannes Laumann, Chief Information Officer of Mutares, emphasised the significance of signing new contracts over half-year reports. The interviewer expressed gratitude for the insightful discussion.
As the automotive business braces for production stoppages, lower volumes, and increased pressure on raw material prices in September, October, and November, Mutares is preparing for a demanding period. However, the acquisition of the non-filtration business from Mann+Hummel remains a highlight of the year for the company.
The strategic acquisition of TSM Corporation, a manufacturer of precision machined automotive components, by Walor North America (owned by Mutares) in 2025, exemplifies the company's approach to expanding its presence in key automotive markets and acquiring companies that produce components for OEMs and Tier 1 suppliers. This deal reflects Mutares' focus on carve-outs and companies in transitional phases across various sectors.
Despite a lack of publicly available details regarding specific anticipated business developments or potential deals in the automotive sector for 2022, it is likely that Mutares was pursuing general growth in automotive through acquisitions and portfolio management, mirroring the pattern seen later.
Adapting and innovating, strong leadership, and a motivated workforce have been key success factors for companies in the current economic climate. Increased energy prices and parts availability pose daily challenges for all industries, including Mutares.
The company has demonstrated its ability to generate a net result of approximately 30 million euros in annual income from consulting revenue and portfolio dividends. However, additional revenues from exits are needed to meet the company's guidance for the year 2022.
The various external factors in the portfolio companies demand a lot from Mutares, with the automotive & mobility sector presenting the greatest challenge at the moment. The energy sector will also gain significant focus due to current geopolitical developments.
One potential exit could be Nordec. The board and the supervisory board remain actively involved with more than 35% in Mutares, indicating their belief in the company's long-term potential and attractive dividend yield.
Mutares has experienced impressive growth, increasing by 60% to almost 1.8 billion euros in revenue in the first half of the year. Despite the challenges, the company continues to forge ahead, demonstrating resilience and a strategic focus on growth and expansion.
- With the energy sector gaining significant focus due to current geopolitical developments, Mutares, focused on carve-outs and companies in transitional phases across various sectors, may be looking to invest in businesses that offer growth opportunities in this area.
- While Mutares has demonstrated its ability to generate a net result of approximately 30 million euros in annual income from consulting revenue and portfolio dividends, the company is seeking additional revenues from exits, such as potential deals in the automotive sector, to meet its guidance for the year 2022.
