17.05.2021 Mutares SE & Co. KGaA  DE000A2NB650

DGAP-News: Fourth buyside transaction in 2021: Mutares acquires NCC Road Service A/S in Denmark from NCC


 

DGAP-News: Mutares SE & Co. KGaA / Key word(s): Takeover
Fourth buyside transaction in 2021: Mutares acquires NCC Road Service A/S in Denmark from NCC

17.05.2021 / 09:30
The issuer is solely responsible for the content of this announcement.


Fourth buyside transaction in 2021: Mutares acquires NCC Road Service A/S in Denmark from NCC

- Provider of Road Operations and Maintenance (O&M) services in Denmark

- Add-on investment for the Terranor Group

- Target company with revenues of approx. EUR 40 million

Munich/Stockholm, 17 May 2021 - Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire NCC Road Service A/S from NCC. This is the second acquisition from NCC, after acquiring their Swedish and Finnish Road O&M businesses in November 2020, now operating under the new name Terranor Group. The acquisition of NCC Road Service A/S is an add-on investment to the Terranor Group and extends their presence in the Nordics to Denmark. The closing of the transaction is expected in Q2 2021.

The company is a leading provider of Road O&M in Denmark. Headquartered in Søborg​, Denmark, the company generates revenues of approx. EUR 40 million and employs around 180 people. They provide comprehensive solutions such as road inspection, cleaning, drainage, grass cutting, plantations or installing wild fences or traffic signs. Private customers, municipalities and complementing state contracts are the main sources of revenue and growth.

The Terranor Group, which was acquired in November 2020 from NCC, has risen to become the second largest and most specialized O&M player in Sweden and Finland combined. The acquisition underlines the growth strategy and vision to become first in mind of road services. With the add-on investment the Group will grow to consolidated revenues of approx. EUR 140 million.

Johannes Laumann, CIO of Mutares comments: "We are proud of an additional opportunity to collaborate with NCC on a second acquisition within only a few months. We can say with confidence that we have done a great job with Terranor so far. Now, we are excited to welcome Road Services Denmark into our portfolio."

Company profile Mutares SE & Co. KGaA

Mutares SE & Co. KGaA, Munich (www.mutares.de), as a listed private equity holding company with offices in Munich (HQ), Frankfurt, London, Madrid, Milan, Paris, Stockholm and Vienna, acquires medium-sized companies and parts of larger groups with headquarters in Europe that show a clear potential for operational improvement and are sold again after undergoing a repositioning and stabilization process. Mutares actively supports and develops its portfolio companies with its own investment and consulting teams as well as through acquisitions of strategic add-ons. With for aim a ROIC (Return on Invested Capital) of 7 to 10 times on the total investment with a focus on sustainable growth of the portfolio companies. In 2020, Mutares SE & Co. KGaA generated consolidated revenues of approx. EUR 1.6 billion employing more than 12,000 people worldwide. Based on this, consolidated revenues are expected to increase to approximately EUR 3.0 billion by 2023. Mutares is strongly committed to a sustainable dividend policy consisting of a base dividend and a performance dividend. The shares of Mutares SE & Co. KGaA are listed on the Frankfurt Stock Exchange under the ticker symbol "MUX" (ISIN: DE000A2NB650).

For more information, please contact:

Mutares SE & Co. KGaA
Investor Relations
Phone +49 89 9292 7760
E-mail: [email protected]
www.mutares.de

Contact Press
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone +49 89 125 09 0333
E-mail: [email protected]
www.crossalliance.de

Contact for press requests in France
CLAI
Gaëtan Commault - [email protected] / +33 06 99 37 65 64
Dorian Masquelier - [email protected] / +33 07 77 26 24 57

 



17.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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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
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1196945

 
End of News DGAP News Service

1196945  17.05.2021 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 899,70 865,10 1.015,90 1.583,90 2.504,00 3.751,70 4.689,10
EBITDA1,2 67,10 49,10 79,20 142,70 566,50 181,50 756,90
EBITDA-Marge3 7,46 5,68 7,80 9,01 22,62 4,84
EBIT1,4 40,00 19,40 26,20 41,20 447,30 -3,10 436,90
EBIT-Marge5 4,45 2,24 2,58 2,60 17,86 -0,08 9,32
Jahresüberschuss1 43,90 12,00 16,70 19,70 442,40 -21,00 367,10
Netto-Marge6 4,88 1,39 1,64 1,24 17,67 -0,56 7,83
Cashflow1,7 -29,10 -11,10 -10,70 -43,00 -103,50 -20,80 -27,50
Ergebnis je Aktie8 2,85 0,96 1,37 1,78 26,83 -0,32 18,41
Dividende8 1,00 1,00 1,00 1,50 1,50 1,75 0,35
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Deloitte

INVESTOR-INFORMATIONEN
©boersengefluester.de
Mutares
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A2NB65 40,650 Kaufen 856,04
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
12,90 11,35 1,15 7,44
KBV KCV KUV EV/EBITDA
0,84 - 0,18 1,53
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
1,75 2,25 5,54 04.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
07.05.2024 13.08.2024 07.11.2024 11.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
11,62% 33,30% 14,83% 90,85%
    
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Beteiligungen , A2NB65 , MUX , XETR:MUX