BRIEF

on Mutares SE & Co. KGaA (isin : DE000A2NB650)

Mutares Successfully Acquires FSL Ladenbau GmbH

Mutares SE & Co. KGaA has completed the acquisition of FSL Ladenbau GmbH, a leading shopfitting provider based in Northern Germany. This move aims to bolster the Ganter Group, enhancing synergies within the customer range and supply chain. FSL Ladenbau is set to achieve approximately EUR 15 million in revenues for 2024.

Founded in 1973, FSL Ladenbau stands out for its innovative design and manufacturing capabilities. The company's strong commercial network and production facility have positioned it as a leader in the shopfitting industry with a loyal customer base.

The integration of FSL Ladenbau into the Ganter Group is expected to drive significant growth, boosting Ganter's revenues to an estimated EUR 67 million in 2024. This acquisition underscores Mutares' strategy of acquiring companies with operational improvement potential.

R. P.

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