About Mutares
Mutares is a private equity firm founded in 2008. It is primarily based in Munich, Germany. As of Oct 2026, Mutares has a portfolio of 25 companies, comprising 25 funding rounds and 30 acquisitions. In the last 12 months, it has participated in 9 acquisitions. The firm primarily invests in companies based in Germany and France. Its portfolio is spread across a wide range of sectors from Auto to Industrial Goods and Manufacturing. Most recently it acquired stakes in Steinmüller Engineering on Sep 29, 2026.
Overall Mutares portfolio has seen 1 IPO and 10 acquisitions, namely Sonoco, Efacec and GeesinkNorba. Banco Português de Fomento co-invest with Mutares, sharing a substantial percentage of its portfolio.
Mutares has a team of 104 people, including 36 partners.
Key Metrics
Mutares' Portfolio
Mutares has a portfolio of 25 companies. They have invested in a total of 25 companies. Their most recent investment was in Efacec (Seed round) on Oct 2023. Here are the most recent investments by Mutares:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Oct 2023 | Seed | 9642 |
Mutares has acquired 30 companies. Their most recent acquisition was of Steinmüller Engineering on Sep 29, 2026. Here are the most recent acquisitions by Mutares:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Sep 29, 2026 | Provides engineering services to thermal process industries and OEMs | - | 2003 | |
Aug 05, 2026 | Manufacturer of automotive roof systems and kinematic vehicle roof components | - | 1996 | |
Jun 19, 2026 | Manufacturer of chemical polymers and ingredients for industrial market applications | $370M | 1863 | |
Jun 03, 2026 | Manufacturer of aircraft tractors and cargo loaders for airports | - | 1996 |
Here is the portfolio snapshot of Mutares:
Investments by Year
The maximum number of investments were made in 2023
Acquisitions by Year
The maximum number of acquisitions were made in 2024
Portfolio by Location
Companies are primarily in Germany and France
Portfolio by Sector
Companies are primarily in Auto
Team profile of Mutares
Mutares has a team of 104 members including 36 Partners and 54 Principals located in Germany, France and 9 more locations. Mutares' team does not sit on the board of any company as of now.Here is a list of top team members in Mutares:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Munich | - | ||
Partner | Paris | - | ||
Partner | Munich | - | ||
Partner | Bavaria | - | ||
Partner | - | - | ||
Partner | Bavaria | - | ||
Partner | - | - | - | |
Partner | Munich | - | ||
Partner | Munich | - | ||
Partner | - | - | ||
Partner | - | - |
Co-investors of Mutares
Over the past 18 years, one investor has co-invested in Mutares's portfolio companies.
- Top Co-investors of Mutares: Banco Português de Fomento entered a company along with Mutares.
Mutares News
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Mutares Receives Irrevocable Offer for Controlling Stake in Lapeyre Group from Italian EntrepreneursWebDisclosure•Oct 05, 2026•Lapeyre, Mutares, Bricofer
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Mutares Completes Sale of NEM Energy Group to Hyundai Heavy Industries Power SystemsEuropaWire•Sep 09, 2026•Hyundai Motor Company, Mutares
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Mutares SE & Co. KGaA completes acquisition of TREPEL Airport Equipment and MAFI Transport-SystemeFinanzNachrichten•Sep 02, 2026•Mutares
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Mutares SE & Co. KGaA Completes Acquisition of Magna's Car Top Systems BusinessWebDisclosure•Aug 05, 2026•Magna, Mutares
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Mutares sells Walor Precision Turning to investment firm Reed CapitalWebDisclosure•Jul 27, 2026•Mutares, Reedcapital
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Mutares to Acquire Synthomer a.s. from Synthomer plc to Strengthen Chemicals & Materials SegmentWebDisclosure•Jun 19, 2026•Synthomer, Mutares
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Mutares prepares sale of Efacec for over 1 billion euros amid boom in power gridsExpansion•Jun 18, 2026•Mutares
