on Mutares SE & Co. KGaA (isin : DE000A2NB650)
Mutares Enters Exclusive Negotiations for Sale of Repartim Group
Mutares SE & Co. KGaA, a private equity holding company, has commenced exclusive negotiations for the sale of its portfolio company Repartim to an institutional investor. This represents the company's third exit in 2024. The consultation process between the employee representatives of Repartim and the investor, in accordance with French law, is currently ongoing. The transaction is expected to close in the third quarter of 2024.
Repartim, based in Tours, France, specializes in home repair services and generated revenues of approximately EUR 33 million in 2023. The company's services include emergency technical assistance provided through a network of 19 agencies and around 350 employees across France.
Following its acquisition from Belron in 2021, Repartim underwent a comprehensive operational improvement program. This included the acquisition of competitor Sin&Tec, enhancing its customer base and service quality. Robin Laik, CEO of Mutares, expressed satisfaction regarding the company's future growth potential and market position.
R. P.
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