DGAP-News: Mutares SE & Co. KGaA: Mutares portfolio company Frigoscandia successfully sold its French subsidiary to Olano Services SAS
DGAP-News: Mutares SE & Co. KGaA
/ Key word(s): Disposal
Mutares portfolio company Frigoscandia successfully sold its French subsidiary to Olano Services SAS Munich, 08 June 2022 – Frigoscandia AB, a provider of temperature-controlled transport and terminal services in the field of food-logistics and since December 2021 a 100% holding of Mutares SE & Co KGaA (ISIN: DE000A2NB650), today successfully completed the sale of all shares in its French subsidiary Frigoscandia SAS to the French logistics company Olano Services SAS. Having already announced the second exit in fiscal year 2022 on 11 May, Mutares is now putting the focus at Frigoscandia on expanding and strengthening its position in the Nordic region as their home market, in line with the add-on acquisition of Polar Frakt AS already completed in April this year. The goal is to consolidate and further expand Frigoscandia's position as the leading temperature-controlled logistics platform in the Nordic countries. The international network will be further refined primarily through current external partners. Company profile of Mutares SE & Co. KGaA For more information, please contact:
08.06.2022 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: | 1370331 |
End of News | DGAP News Service |
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1370331 08.06.2022
Mutares SE & Co. KgaA Stock
With 6 Buy predictions and not the single Sell prediction the community is currently very high on Mutares SE & Co. KgaA.
As a result the target price of 45 € shows a very positive potential of 59.57% compared to the current price of 28.2 € for Mutares SE & Co. KgaA.