DGAP-News: Mutares SE & Co. KGaA: Second Exit in 2022: Mutares portfolio company Frigoscandia receives irrevocable offer to sells French subsidiary to Olano Services SAS
DGAP-News: Mutares SE & Co. KGaA
/ Key word(s): Disposal/Private Equity
Munich, 11 May 2022 – Frigoscandia AB, an operator of transport and terminal services in the field of food-logistics and since December 2021 a 100% holding of Mutares SE & Co. KGaA (ISIN: DE000A2NB650), has signed a put option to sell all shares in its French subsidiary Frigoscandia SAS to the French logistics company Olano Services SAS. The transaction is expected to be completed in Q3 2022. The company, based in Boulogne-Sur-Mer, focuses primarily on the domestic transport of temperature-controlled goods and specializes mainly in the seafood segment. Its logistics platform mainly consists of its own fleet of about 50 vehicles, a terminal and approximately 70 employees. The company will be sold to Olano Services SAS, an existing strategic partner. Frigoscandia's focus going forward is now on growing and strengthening its position in the Nordic region as their home market, while refining its international network primarily through external partners. Company profile of Mutares SE & Co. KGaA For more information, please contact:
11.05.2022 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: | 1347493 |
End of News | DGAP News Service |
|
1347493 11.05.2022
Mutares SE & Co. KgaA Aktie
Eine Reihe von Buy-Einschätzungen für Mutares SE & Co. KgaA, keine Sell-Einschätzungen in Sicht.
Das Kursziel von 45 € für Mutares SE & Co. KgaA weist auf eine Steigerung von über 20% gegenüber dem aktuellen Kurs von 31.25 € hin.