# Mutares acquires Rasche Umformtechnik as add-on for PrimoTECS

Mutares SE & Co. KGaA signed an agreement to acquire Rasche Umformtechnik GmbH & Co. KG, a manufacturer of forged steel parts in Plettenberg, Germany, as an add-on investment for PrimoTECS. The closing is expected in Q3 2021.

- Type: Acquisition
- Announced: 2021-07-05
- Where: Plettenberg, Germany
- Jobs: 180
- Status: announced
- Products: forged steel parts
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Mutares](https://endata.com/companies/6466.md) (acquirer)
- [PrimoTECS S.p.A.](https://endata.com/companies/45323.md) (partner)
- [Rasche Umformtechnik](https://endata.com/companies/56244.md) (target)

## Sources

- [cdn.financialreports.eu](https://cdn.financialreports.eu/financialreports/media/filings/6316/2021/RNS/6316_rns_2021-07-05_51eb8799-58aa-4433-949f-b23ccb5f4679.html), 2021-07-05: "Mutares SE & Co. KGaA has signed an agreement to acquire, subject to certain approvals, Rasche Umformtechnik GmbH & Co. KG from the private owners."

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