Mutares acquires three forging businesses from CIE Automotive for FerrAl United Group

Mutares signed an agreement to acquire Gesenkschmiede Schneider, Schöneweiss & Co. and Falkenroth Umformtechnik from CIE Automotive for EUR 55.5 million, to strengthen the FerrAl United Group.

“Mutares SE & Co. KGaA has signed an agreement to acquire three forging businesses, namely Gesenkschmiede Schneider, Schöneweiss & Co. and Falkenroth Umformtechnik, from CIE Forgings Germany, ultimately owned by CIE Automotive S.A.”ferral-united.com

• 1 source
• ferral-united.comAcquisition of CIE Automotive - FERRAL UNITEDFerrAl UnitedAug 10, 2023

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