BRIEF

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

Mutares Acquires Polish Beauty Retailer Natura

Mutares SE & Co. KGaA announced its fifteenth acquisition in 2024, signing an agreement to acquire Natura sp. z o.o. from Pelion S.A. This acquisition aims to boost Mutares' Retail & Food segment, with the transaction expected to close by the end of Q4 2024.

Natura is a leading beauty retailer in Poland, operating 217 stores and an online platform. In 2023, Natura reported revenues of approximately EUR 100 million. The company's product range includes various beauty and hygiene products from international and private labels.

Pelion S.A. aims to focus on growth in the pharmaceutical market post-transaction. Meanwhile, Johannes Laumann, CIO of Mutares, highlighted the potential for growth in the Polish retail market and plans to collaborate with Natura’s team to adapt to evolving consumer needs.

R. H.

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