DGAP-News

Mutares SE & Co. KGaA: Mutares successfully completes the acquisition of the majority stake in Carglass Maison Group from Belron - Seite 2

(I) Home assistance and maintenance policies to anticipate and repair breakdowns in plumbing, electricity, gas, household appliances, connected devices, (II) On Demand services for household maintenance and repairs available on an online platform and (III) HomeServe Energy Services, a subsidiary of HomeServe France, a network of heating professionals for the installation, maintenance and repair of all heating and air conditioning systems.
To provide quality service to its customers, HomeServe relies on 4000 qualified professionals. They carry out more than 215,000 jobs each year across France, the equivalent of 1 job every 2 minutes. HomeServe stands out for the quality of its customer service and was elected for the 5th consecutive year Customer Service of the year 2021 in the category "home services".
Also recognized for its quality of life at work with the 2019 "Great Place To Work" certification and the 2020 "Best WorkPlaces", HomeServe employs 750 people in France, who are mobilised on a daily basis to satisfy more than 1,2 million customers.

Company profile Mutares SE & Co. KGaA

Mutares SE & Co. KGaA, Munich (www.mutares.com), as a listed private equity holding company with offices in Munich (HQ), Frankfurt, London, Madrid, Milan, Paris, Stockholm and Vienna, acquires medium-sized companies and parts of larger groups with headquarters in Europe that show a clear potential for operational improvement and are sold again after undergoing a repositioning and stabilization process. Mutares actively supports and develops its portfolio companies with its own investment and consulting teams as well as through acquisitions of strategic add-ons. With for aim a ROIC (Return on Invested Capital) of 7 to 10 times on the total investment with a focus on sustainable growth of the portfolio companies. In 2020, Mutares SE & Co. KGaA generated consolidated revenues of approx. EUR 1.6 billion employing more than 12,000 people worldwide. Based on this, consolidated revenues are expected to increase to approximately EUR 3.0 billion by 2023. Mutares is strongly committed to a sustainable dividend policy consisting of a base dividend and a performance dividend. The shares of Mutares SE & Co. KGaA are listed on the Frankfurt Stock Exchange under the ticker symbol "MUX" (ISIN: DE000A2NB650).