Mutares Announces Acquisition of FSL Ladenbau GmbH

Mutares SE & Co. KGaA, a Munich-based private equity holding company, has reached an agreement to acquire FSL Ladenbau GmbH, a prominent shopfitting provider located in Westerstede, Germany. This marks the fifth acquisition for Mutares in 2024, aimed at bolstering the capabilities of the Ganter Group, part of its portfolio specializing in high-quality interior finishing. The transaction, which involves the purchase from shareholders Christian Füßer, Marion Füßer, and Guido Krümpel, is expected to be finalized by the end of the second quarter of 2024.

FSL Ladenbau was established in 1973 and is recognized for its customized shopfitting solutions and innovative production practices. With a revenue goal of around EUR 15 million for 2024, the addition of FSL Ladenbau is anticipated to elevate the Ganter Group's total revenues to approximately EUR 67 million. Robin Laik, CEO of Mutares, highlighted the expected synergies in customer portfolios and production capabilities that the acquisition will introduce to the Ganter Group.