# Mutares completes acquisition of MANN+HUMMEL's high-performance plastic parts business

Mutares SE & Co. KGaA has completed the acquisition of MANN+HUMMEL's high-performance plastic parts business, which will operate under the new name MoldTecs. The acquired business employs around 1,500 people at sites in Germany and France and supplies major automotive manufacturers.

- Type: Acquisition
- Announced: 2022-10-04
- Where: Bad Harzburg, Sonneberg (Germany) and Laval (France), Germany
- Jobs: 1,500
- Status: completed
- Products: high-performance plastic parts, injection molded components, elastomeric parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Mann+Hummel](https://endata.com/companies/2698.md) (target)
- [Mutares SE & Co. KGaA](https://endata.com/companies/33465.md) (acquirer)
- [MoldTecs](https://endata.com/companies/65688.md) (target)

## Sources

- [mutares.com](https://mutares.com/en/mutares-has-successfully-completed-the-acquisition-of-the-high-performance-plastic-parts-business-of-mannhummel-group/), 2022-10-04: "Mutares has successfully completed the acquisition of MANN+HUMMEL’s high-performance plastic parts business, which strengthens the Automotive & Mobility segment under the new name MoldTecs."

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