Mutares strengthens its position in the automotive segment
Mutares has signed an agreement with Continental to acquire the Continental drum brake plant in Cairo Montenotte, Italy. This transaction includes production, research and development, as well as all employees and business activities of the site. The completion of the acquisition is expected in the fourth quarter of 2025, subject to the usual approvals.
Strategic expansion for Mutares
For Mutares, this acquisition signifies a strengthening of the Automotive & Mobility segment. By integrating the brake plant, Mutares can benefit from the existing production capacities and open up new market opportunities. This is part of Mutares’ expansion strategy to accelerate growth through targeted acquisitions in the automotive sector.
Continental focuses on future technologies
For Continental, the sale represents a strategic realignment: the company is increasingly focusing on its core business and future technologies such as electromobility and automated driving. The consolidation of European manufacturing sites aims to better align research and development activities and investments with innovative product strategies.
Relevance for investors
This transaction is relevant for investors as Continental is a significant DAX company. The divestiture of a production site shows Continental’s strategic shift towards forward-looking technologies in the automotive sector. At the same time, Mutares strengthens its position as an investment company in the automotive segment by acquiring an established plant with comprehensive capacities.
In summary:
- Mutares acquires the Italian drum brake plant from Continental, including all employees and activities.
- The acquisition strengthens Mutares’ Automotive & Mobility segment.
- Continental will focus more on future technologies such as electromobility.
- For investors, this signals a strategic realignment at an important DAX corporation.
The transaction is seen as a significant step for both companies and could improve their competitiveness in the industry in the long term.