# Mutares sells NEM Energy Group to Hyundai Heavy Industries Power Systems

Mutares SE & Co. KGaA signed an agreement to sell its portfolio company NEM Energy Group to Hyundai Heavy Industries Power Systems Co., Ltd. The closing is expected in Q3 2026, subject to regulatory approvals.

- Type: Acquisition
- Announced: 2026-06-10
- Where: Zoeterwoude, Netherlands, Netherlands
- Status: announced
- Products: heat transfer technology
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Mutares SE & Co. KGaA](https://endata.com/companies/33465.md)
- [Mutares SE & Co. KGaA](https://endata.com/companies/33465.md) (investor)
- [Mutares SE & Co. KGaA](https://endata.com/companies/33465.md) (partner)
- [Hyundai Heavy Industries Power Systems](https://endata.com/companies/39438.md) (acquirer)
- [MICO](https://endata.com/companies/57731.md) (acquirer)
- [MICO](https://endata.com/companies/57731.md) (investor)
- [MICO](https://endata.com/companies/57731.md) (partner)
- [NEM Energy B.V.](https://endata.com/companies/67003.md) (target)
- [NEM Balcke-Dürr GmbH](https://endata.com/companies/92426.md) (target)

## Sources

- [eqs-news.com](https://www.eqs-news.com/news/ad-hoc/mutares-has-signed-an-agreement-to-sell-nem-energy-group-to-hyundai-heavy-industries-power-systems-hps/48263bb1-1ddd-4b89-bb5a-fa28923040f3_en), 2026-06-10: "Mutares has signed an agreement to sell NEM Energy Group to Hyundai Heavy Industries Power Systems."
- [mutares.com](https://mutares.com/mutares-unterzeichnet-vereinbarung-zum-verkauf-der-nem-energy-group-an-hyundai-heavy-industries-power-systems-hps/), 2026-06-10: "Der Abschluss der Transaktion wird für das 3. Quartal 2026 erwartet."
- [ad-hoc-news.de](https://www.ad-hoc-news.de/boerse/news/ad-hoc-mitteilungen/mutares-has-signed-an-agreement-to-sell-nem-energy-group-to-hyundai-heavy-industries-power-systems/69513794), 2026-06-10: "Mutares today has signed an agreement to sell its portfolio company NEM Energy B.V."
- [anleihen-finder.de](https://www.anleihen-finder.de/naechster-exit-mutares-vor-verkauf-der-nem-energy-group-00072557.html), 2026-06-10: "Mutares unterzeichnet Vereinbarung zum Verkauf der NEM Energy Group an Hyundai Heavy Industries Power Systems"
- [webdisclosure.com](https://www.webdisclosure.com/article/mutares-se-co-kgaa-etr-mutares-to-sell-nem-energy-group-to-hyundai-heavy-industries-power-systems-mJ8A9fXj01h), 2026-06-10: "On June 10, 2026, Mutares SE & Co. KGaA announced an agreement to sell NEM Energy Group to Hyundai Heavy Industries Power Systems (HPS)."
- [thetracker.co.kr](https://thetracker.co.kr/View.aspx?No=4108112), 2026-06-11: "HPS는 독일 투자사 무타레스(Mutares SE & Co. KGaA)와 넴에너지(NEM Energy B.V.), 넴발케-뒤르(NEM Balcke-Dürr GmbH)를 인수하는 계약을 체결했다."
- [powermag.com](https://www.powermag.com/mico-acquires-global-hrsg-leader-nem-energy/), 2026-06-11: "MiCo Co. Ltd. announced that its subsidiary, Hyundai Heavy Industries Power Systems Co. Ltd. (HPS), has signed a share purchase agreement (SPA) to acquire a 100% stake in Netherlands-based NEM Energy B.V. from Mutares SE & Co. KGaA."
- [theguru.co.kr](https://www.theguru.co.kr/news/article.html?no=102910), 2026-06-11: "HPS는 넴에너지 인수를 통해 '배열회수보일러(HRSG)' 분야 기술력을 강화하게 됐다"
- [newsimpact.co.kr](https://www.newsimpact.co.kr/news/articleView.html?idxno=4001607), 2026-06-11: "Mico announced that its subsidiary Hyundai Heavy Industries Power Systems (HPS) signed a share purchase agreement to acquire 100% of NEM Energy B.V."
- [hankookilbo.com](https://www.hankookilbo.com/news/article/A2026061113560004535), 2026-06-11: "Mico Group announced that its subsidiary Hyundai Heavy Industries Power Systems (HPS) signed a share purchase agreement to acquire 100% of NEM Energy B.V."
- [news.linxi.com.au](https://news.linxi.com.au/news/mico-subsidiary-to-acquire-nem-energy-in-push-for-global-hrsg-dominance), 2026-06-13: "Hyundai Heavy Industries Power Systems Co. Ltd. (HPS), has signed a share purchase agreement to acquire a 100% stake in Netherlands-based NEM Energy B.V."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.