Munich, 31 May 2022 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire the high-performance plastic parts business of MANN+HUMMEL. The segment includes products beyond filtration and separation solutions, including air intake manifolds, high-pressure air lines and fluid reservoirs. In addition, as part of the transaction, Mutares and MANN+HUMMEL have agreed on a manufacturing cooperation, which will contribute to the total revenues of EUR 500 million. Headquartered in Ludwigsburg, Germany, the MANN+HUMMEL Group develops intelligent filtration and separation solutions under its two business segments Transportation and Life Sciences & Environment that enable cleaner mobility, cleaner air and cleaner water.
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Target – MANN+HUMMEL GmbH (Plastic parts business)
Buyer – Mutares SE & Co. KGaA
Seller – MANN+HUMMEL GmbH
