Strategic Acquisition: Mutares SE & Co. KGaA Enhances Ganter Group’s Position in Interior Finishing Market

Strategic Acquisition: Mutares SE & Co. KGaA Enhances Ganter Group’s Position in Interior Finishing Market

(IN BRIEF) Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has finalized the acquisition of FSL Ladenbau GmbH from its shareholders Christian Füßer, Marion Füßer, and Guido Krümpel, marking a strategic move to fortify the Ganter Group, a distinguished general contractor specializing in top-tier interior finishing. Established in 1973 and headquartered in Westerstede, Germany, FSL Ladenbau stands as a prominent provider of shopfitting solutions, particularly renowned in Northern Germany. Anticipating revenues of around EUR 15 million in 2024, the company boasts its own production facility and a robust commercial network, cementing its position as an industry leader celebrated for its inventive design and manufacturing prowess. Focused on tailored shopfitting solutions, FSL has cultivated a loyal clientele base, further enhancing its reputation. Under the umbrella of the Ganter Group, FSL Ladenbau is primed for substantial growth in both sales volumes and operational efficacy. Leveraging Ganter’s adeptness in project management, controlling, and resource optimization, FSL aims to capitalize on its solid order book. This acquisition is poised to elevate the Ganter Group’s revenue trajectory to approximately EUR 67 million in 2024.

(PRESS RELEASE) MUNICH, 3-Jun-2024 — /EuropaWire/ — Mutares SE & Co. KGaA (ETR: MUX), a German based holding company, has announced the successful acquisition of FSL Ladenbau GmbH from shareholders Christian Füßer, Marion Füßer, and Guido Krümpel, marking a strategic move to bolster the Ganter Group’s position in the market as a premier general contractor specializing in high-quality interior finishing.

Established in 1973 and headquartered in Westerstede, Germany, FSL Ladenbau is recognized as a top-tier provider of shopfitting solutions, particularly in Northern Germany. The company, which anticipates reaching approximately EUR 15 million in revenues for 2024, boasts its own production facility and a robust commercial network. FSL Ladenbau has earned acclaim for its innovative design ethos and manufacturing prowess, catering to a diverse clientele with bespoke shopfitting solutions.

Under the umbrella of the Ganter Group, FSL Ladenbau is poised for accelerated growth in both sales volumes and operational efficiency. Leveraging Ganter’s expertise in project management, controlling, and resource optimization, FSL aims to capitalize on its strong order book. The acquisition is forecasted to propel Ganter Group’s revenues to an estimated EUR 67 million by the end of 2024.

Media contact:

Jessica Mair
Investor Relations

Phone: +49 89 9292 7760
ir@mutares.com

SOURCE: Mutares SE & Co. KGaA