Mutares acquires 83.08% stake in TeamTex group

Mutares SE & Co. KGaA signed an agreement to acquire 83.08% of TeamTex Management and its subsidiaries from Nania Developpement and Crédit Mutuel Equity. TeamTex manufactures child restraint systems via plastic injection and blow moulding, with revenues of about EUR 80 million in 2022.

“Mutares SE & Co. KGaA has signed an agreement to acquire 83.08% of TeamTex Management and its subsidiaries from Nania Developpement and Crédit Mutuel Equity.”mutares.com

• 1 source
• mutares.comFourteenth acquisition in 2023: Mutares has signed an agreement to acquire 83.08% equity of the TeamTex group from Nania Developpement and Crédit Mutuel Equity - Mutares SE & Co. KGaAWordPress ServiceNov 29, 2023

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