on Mutares SE & Co. KGaA (isin : DE000A2NB650)
Mutares Successfully Sells Balcke-Dürr Nuklear Service to Cyclife Germany
Mutares SE & Co. KGaA announced its fourth successful exit in 2024 with the sale of Balcke-Dürr Nuklear Service GmbH to Cyclife Germany GmbH, a subsidiary of EDF Group. This transaction aligns with the strategic focus of NEM Energy Group, which aims to bolster its position in the heat transfer technology sector.
Balcke-Dürr Nuklear Service, established in 2018, has quickly become a leading provider of nuclear decommissioning and engineering services in Germany. Cyclife Germany GmbH, part of the EDF Group, aims to enhance its market presence in Germany through this acquisition.
Robin Laik, CEO of Mutares, highlighted the importance of this milestone, emphasizing that it reflects Mutares' ability to develop market leaders within competitive sectors. Mutares continues to refine its portfolio in line with strategic goals intended to drive future growth.
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