DGAP-News: Mutares SE & Co. KGaA: Mutares has successfully completed the acquisition of Vallourec Bearing Tubes
DGAP-News: Mutares SE & Co. KGaA
/ Key word(s): Investment/Private Equity
Mutares has successfully completed the acquisition of Vallourec Bearing Tubes
Munich, 01 June 2022 - Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Vallourec Bearing Tubes ("VBT") from Vallourec. The company strengthens the Engineering & Technology segment as a new platform investment and will operate under the new name VALTI in the future. Headquartered in Montbard, Burgundy, in France, the company employs more than 200 people and generates revenues of approximately EUR 50 million. Vallourec Bearing Tubes is a European manufacturer of seamless precision steel tubes produced to the most demanding standards. As the second-largest player in the European bearing tubes market, the company supplies its products to various industries such as Bearings, Mechanical and Oil & Gas. For this purpose, VBT offers a comprehensive product range and customized dimensions according to customer requirements. Company profile of Mutares SE & Co. KGaA For more information, please contact:
01.06.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Mutares SE & Co. KGaA |
Arnulfstr.19 | |
80335 Munich | |
Germany | |
Phone: | +49 (0)89-9292 776-0 |
Fax: | +49 (0)89-9292 776-22 |
E-mail: | [email protected] |
Internet: | www.mutares.de |
ISIN: | DE000A2NB650 |
WKN: | A2NB65 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1365507 |
End of News | DGAP News Service |
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1365507 01.06.2022
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