Mutares SE & Co. KGaA (Munich) completed the acquisition of the business of Q Logistics GmbH, a logistics subsidiary of Oesterreichische Bundesbahnen – Holding Aktiengesellschaft (ÖBB), earlier this week. The transaction underlines the positioning and expertise of Mutares as a partner of established groups for takeovers of carve-outs with operational improvement potential.
Q Logistics has achieved an excellent position in the general transport logistics and warehousing sector with a nationwide network in Austria. Following the takeover, Mutares will work together with the local management and team on the implementation and further development of a value enhancement program, tells a press release.
“We are convinced that in the Mutares industrial holding company, we found an experienced, long-term, entrepreneurial partner for Q Logistics. Mutares has the necessary expertise and experience to ensure the successful development of Q Logistics and to implement a sustainable concept with the management”, says Arnold Schiefer, member of the board (CFO ÖBB).
Mutares is a holding that acquires medium-sized companies and parts of groups with their headquarters in Europe that show a clear potential for operational improvement. Mutares actively supports and develops its portfolio companies with its own investment and consulting teams as well as through acquisitions of strategic add-ons. The aim is to achieve a clear value increase with a focus on sustainable, long-term growth of the portfolio company.
In 2018, Mutares’ portfolio companies generated consolidated revenues of EUR 865 million and employed more than 4,700 people worldwide. Q Logistics has currently 920 employees. The shares of Mutares SE are listed on Frankfurt Stock Exchange (MUX).
