Mutares Stock: December Brought a Transaction Fireworks Show!
Munich-based private equity firm Mutares has completed a series of major deals in December 2025. The company finalised acquisitions, partial sales, and a full divestment, reshaping its investment portfolio. Meanwhile, its stock remains steady, trading above key moving averages in a consolidation range between €25 and €35.
On December 2, Mutares acquired the crane division of JOST, a business generating around €100 million in annual revenue with 400 employees. Days later, the firm expanded further by purchasing M3 Group, a Swedish provider of transport, construction, and equipment rental services, which brings in €35 million in revenue.
In mid-December, Mutares sold Fuentes Quality Logistics, a logistics company with €200 million in yearly turnover, to a consortium led by Ontime-Franchise and the founder family. Around the same time, the firm announced its acquisition of Venator Pigments France, with the deal set to close in early 2026. Shortly after, on December 17, Mutares reduced its stake in the listed Terranor Group from 75% to 57%, selling 2.5 million shares to qualified investors for approximately €6 million in gross proceeds. Johannes Laumann, Mutares’ Chief Investment Officer, oversaw the Fuentes sale and commented on the Venator Pigments France acquisition. No specific leaders were named for the M3 Group or JOST Cranes deals, nor for the Terranor partial sale. Currently, Mutares’ stock is priced at €29.30, holding above its 50-day, 100-day, and 200-day moving averages. The Relative Strength Index (RSI) sits just under 60, suggesting balanced market conditions without extreme buying or selling pressure.
Mutares has strengthened its portfolio with strategic acquisitions while offloading non-core assets. The firm’s stock remains within a stable trading range, with technical indicators pointing to potential upside momentum. These moves reflect an active month of restructuring and growth for the company.
