MoldTecs

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.

Mutares SE & Co. KGaA is forming a globally active Tier 1 automotive supplier under the umbrella of its new wholly-owned subsidiary Amaneos SE, combining Light Mobility Solutions GmbH, MoldTecs GmbH and SFC Group. The new holding company has more than 7,500 employees at 30 locations and annual revenues of around EUR 1.2 billion.

Mutares SE & Co. KGaA has completed the acquisition of MANN+HUMMEL's high-performance plastic parts business, which will operate under the new name MoldTecs. The acquired business employs around 1,500 people at sites in Germany and France and supplies major automotive manufacturers.

Mutares SE & Co. KGaA acquired the non-filtration business of MANN+HUMMEL International GmbH & Co. KG, forming MoldTecs GmbH. The deal includes production sites in Sonneberg, Bad Harzburg (Germany) and Laval (France) for high-performance plastic parts for automotive.