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Mutares forms Amaneos by combining three automotive suppliers · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

Mar 9, 2023ACQUISITIONFrankfurt, Germany

Mutares forms Amaneos by combining three automotive suppliers

Mutares SE is forming a new global tier 1 automotive supplier, Amaneos SE, by combining its subsidiaries Light Mobility Solutions GmbH, MoldTecs GmbH and SFC Group. The combined entity will have over 7,500 employees and annual sales of around €1.2 billion.

Status

Announced

Productsfluid transfer systemssealing partsrubber and plastics partslightweight exterior and interior componentsplastics injection moulded parts

CompaniesMutares MoldTecs target Amaneos SE acquirer Light Mobility Solutions GmbH target SFC Group target

Sectors#Automotive Components

“The combination… will give us the opportunity to significantly increase sales per OEM or per vehicle for Amaneos.”european-rubber-journal.com

1 source
european-rubber-journal.comMutares rolls out new tier 1 automotive supplier | European Rubber JournalMar 10, 2023

Summarized from public sources; check the original articles before acting on it.

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Mutares acquires modular construction firm Byldis
Mutares acquirer Byldis target constructionwave.co.uk
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