# Mutares to acquire SELZER Group from INDUS for Ferral United

Mutares signed an agreement to acquire SELZER Group from INDUS as an add-on for Ferral United. SELZER Group supplies ready-to-install metallic components and assemblies for automotive and industrial applications, with expected 2025 revenues of EUR 130 million.

- Type: Acquisition
- Announced: 2023-07-28
- Where: Germany, Germany
- Value: $60.5M (55.5M EUR)
- Jobs: 440
- Status: announced
- Products: ready-to-install metallic components and assemblies, gears, brakes, engines
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Mutares SE & Co. KGaA](https://endata.com/companies/33465.md)
- [INDUS Holding](https://endata.com/companies/11675.md) (partner)
- [CIE Automotive](https://endata.com/companies/16833.md) (target)
- [Mutares SE & Co. KGaA](https://endata.com/companies/33465.md) (acquirer)
- [Selzer Group](https://endata.com/companies/48643.md) (target)
- [Gesenkschmiede Schneider](https://endata.com/companies/71969.md) (target)
- [Schöneweiss & Co.](https://endata.com/companies/71970.md) (target)
- [Falkenroth Umformtechnik](https://endata.com/companies/71971.md) (target)
- [FerrAl United Group](https://endata.com/companies/71972.md) (partner)
- [FerrAl United Group](https://endata.com/companies/71972.md) (target)
- [Walor International](https://endata.com/companies/72413.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/MUTARES-SE-CO-KGAA-45615650/news/Fifth-acquisition-in-2023-Mutares-signed-an-agreement-to-acquire-SELZER-Group-from-INDUS-44456322/), 2023-07-28: "With this acquisition we are adding a strong player in the field of metallic components and assemblies to our Ferral United platform."
- [anlegerplus.de](https://anlegerplus.de/sechste-uebernahme-im-jahr-2023-mutares-unterzeichnet-eine-vereinbarung-zur-uebernahme-des-schmiedegeschaefts-in-deutschland-von-cie-automotive/), 2023-08-10: ""Die Mutares SE & Co. KGaA hat eine Vereinbarung zur Übernahme der drei Schmiedeunternehmen Gesenkschmiede Schneider, Schöneweiss & Co. und Falkenroth Umformtechnik von CIE Forgings Germany unterzeichnet""
- [mutares.com](https://mutares.com/en/sixth-acquisition-in-2023-mutares-signed-an-agreement-to-acquire-the-forging-business-in-germany-of-cie-automotive/), 2023-08-10: "With this second acquisition for our newly formed global Tier-1 automotive supplier FerrAl United Group, we are strengthening our presence in the forging business with focus on the stable trucks segment and thus will further diversify our product offering."
- [mutares.com](https://mutares.com/en/mutares-has-successfully-completed-the-acquisition-of-selzer-group-from-indus/), 2023-09-04: "Mutares plans to accelerate the growth of SELZER Group by redesigning the operational structures and processes and positioning the company as an assembly specialist."
- [eqs-news.com](https://www.eqs-news.com/news/corporate/mutares-positions-newly-formed-ferral-united-group-as-global-automotive-supplier/82810de3-bb95-4f0c-80fa-0ddfa338c91f_en), 2023-09-05: "FerrAl United will operate at approximately 25 locations worldwide with more than EUR 1 billion in revenues."
- [mutares.com](https://mutares.com/en/mutares-positions-newly-formed-ferral-united-group-as-global-automotive-supplier/), 2023-09-05: "Mutares is announcing the formation of another globally active automotive supplier operating under the name FerrAl United."

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