Mutares SE & Co. KGaA, the Germany based private equity firm has entered into an exclusive negotiation with the majority shareholder, to acquire Walor International, France based steel parts maker company. The successful realization of the considered transaction is still dependent on final agreements with the company’s creditors and minority shareholders and is expected in the second quarter of 2023 after consultation of the company’s works councils and of the relevant antitrust authorities.
Target – Walor international
Buyer – Mutares Se & Co. kgaa
Seller – Undisclosed shareholders