M&A Deal Summary

mutares AG Acquires Nexans Metallurgie Deutschland

On June 30, 2020, private equity firm mutares AG acquired energy services and equipment company Nexans Metallurgie Deutschland from Nexans

Acquisition Highlights
  • This is mutares AG’s 1st transaction in the Energy Services and Equipment sector.
  • This is mutares AG’s 12th transaction in Germany.

M&A Deal Summary

Date 2020-06-30
Target Nexans Metallurgie Deutschland
Sector Energy Services and Equipment
Buyer(s) mutares AG
Sellers(s) Nexans
Deal Type Divestiture

Target

Nexans Metallurgie Deutschland

Bramsche, Germany
Nexans Metallurgie Deutschland is an oxygen-free copper rod mill and drawing manufacturer for diversified industries with an annual capacity of 60,000 tons. It serves major first and second-tier customer base for automotive, white goods, and general industrial applications. Nexans Metallurgie Deutschland is based in Bramsche, Germany.

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Buyer(S) 1

Buyer

mutares AG

Munich, Germany

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2008
Size Small
Type Sector Agnostic
DESCRIPTION

mutares AG (MUX:Berlin) is a publicly traded German holding group that acquires controlling stakes in small and medium-sized companies. mutares looks for businesses facing special situations, such as non-core divestitures, succession issues, or in need of restructuring. Target companies generally have at least €10 million in revenues. mutares does not have any sector preferences. mutares AG was formed in 2008 and is based in Munich.


DEAL STATS #
Overall 32 of 52
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 23 of 39
Country: Germany M&A 12 of 14
Year: 2020 M&A 5 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-26 SABO

Gummersbach, Germany

SABO manufactures lawnmowers and other outdoor power products and markets them to homeowners, municipalities, and gardening and landscaping companies. SABO was founded in 1932 and is based in Gummersbach, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-13 iinovis

Bad Friedrichshall, Finland

iinovis is an engineering service provider that supports international customers in the development and production of technologically complex solutions. The company is organized into five business units: Vehicle / Motorcycle Development, eDrive & Electrics / Electronics, Simulation, Testing and Prototyping / Small Series Production. iinovis was founded in 1968 and is based in Bad Friedrichshall, Germany.

Buy -

Seller(S) 1

SELLER

Nexans

Paris, France

Category Company
Founded 1994
Sector Electrical Equipment
Employees28,500
Revenue 8.5B EUR (2024)
DESCRIPTION

Nexans provides cables and cabling solutions for energy infrastructure, industry, and building markets worldwide. It operates through three segments: Transmission, Distribution, and Operators; Industry; and Distributors and Installers. Nexans was founded in 1994 and is based in Courbevoie, France.


DEAL STATS #
Overall 1 of 5
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 5
Country: Germany M&A 1 of 1
Year: 2020 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-11 BE Cablecon A/S

Viborg, Denmark

BE Cablecon A/S is a manufacturer and supplier of cable kits for wind turbine companies. BE Cablecon A/S was established in 2007 and is based in Viborg, Denmark.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-17 Berk-Tek

New Holland, Pennsylvania, United States

Berk-Tek LLC is a manufacturer of local area network copper and fiber cables for transport high-speed data, voice and power transmissions. Berk-Tek was founded in 1961 and is based in New Holland, Pennsylvania.

Sell $202M