on Mutares SE & Co. KGaA (isin : DE000A2NB650)
Mutares Acquires GDL Anläggning & Miljö AB to Expand Services Segment
Mutares SE & Co. KGaA announced its seventeenth acquisition of 2024, signing an agreement to acquire GDL Anläggning & Miljö AB from GDL Transport Holding AB. This move aims to bolster Mutares' Goods & Services segment with a new platform investment. The transaction is expected to finalize in Q1 2025.
GDL Anläggning & Miljö AB, based in Helsingborg, Sweden, specializes in environmental, recycling, and transport services, generating revenues of approximately EUR 100 million in 2023. The company operates through 60 employees across 16 locations in Sweden, focusing on an extensive network of subcontractors for efficient project management.
Johannes Laumann, CIO of Mutares, highlighted the acquisition's potential to enhance value and efficiency for clients. Mutares aims to collaborate with GDL's management to optimize business operations and build a foundation for future growth.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Mutares SE & Co. KGaA news