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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Mutares forms HILO Group as automotive technology supplier · Endata

◂ Announcements

Jan 25, 2024PARTNERSHIPGermany

Mutares forms HILO Group as automotive technology supplier

Mutares SE & Co. KGaA announced the formation of HILO Group, a new holding company consolidating its portfolio companies KICO, ISH, PRINZ and High Precision Components to supply hinge and locking systems to OEMs. HILO Group plans revenues of approximately EUR 350 million in 2024 and employs 1,500 people at 10 locations.

Status

Announced

Productshinge systemslocking systemsprecision components

CompaniesMutares SE & Co. KGaA HILO Group partner

Sectors#Automotive Components

“HILO Group, as a leading global supplier of hinge and locking systems, within the Mutares Automotive & Mobility segment, will have a significant role in its future growth development.”bourse.lavenir.net

1 source
bourse.lavenir.netL'AvenirL'AvenirJan 25, 2024

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

More from Mutares SE & Co. KGaA

Dec 4, 2023ACQUISITIONWitten, Germany
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Mutares submits proposal for majority investment in Sofinter Group
Mutares SE & Co. KGaA acquirer Sofinter Group target mutares.com
Oct 11, 2023ACQUISITIONNetherlands
Mutares acquires Byldis
Mutares SE & Co. KGaA acquirer Byldis target world-ma.com
Sep 19, 2023ACQUISITIONSheffield, UK, United Kingdom$175.0M
Cogne Acciai Speciali completes acquisition of Special Melted Products
Mutares Mutares SE & Co. KGaA partner walsin.com eurometal.net lincolninternational.com
Jul 28, 2023ACQUISITIONGermany, Germany$60.5M440 jobs
Mutares to acquire SELZER Group from INDUS for Ferral United
Mutares SE & Co. KGaA INDUS Holding partner marketscreener.com anlegerplus.de mutares.com

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