The previous owner family has sold 100% of the shares in Kirchhoff GmbH & Co. KG to the listed industrial holding company Mutares SE & Co. KGaA (www.mutares.de). Kirchhoff GmbH & Co. KG will gain access to additional resources through the new partner, which will strengthen our company financially and strategically in the long term and increase our chances on the market. The transaction was formally completed on 13 July 2019 and has been legally finalized.
Mutares SE & Co. KGaA was founded in 2008 and focuses on the acquisition and development of medium-sized companies in Europe that have significant operational improvement potential. Mutares pursues three industry clusters – Automotive & Mobility, Engineering & Technology and Goods & Services – and actively supports and develops its portfolio companies with its own investment and expert teams as well as through acquisitions of strategic add-ons. Through the acquisition, Mutares strengthens its investment platform in the “Automotive & Mobility” segment and intends to strategically develop and strengthen the company financially as a new owner.
For our business partners, there will be no operational changes. All contact persons, addresses and other information remain. We look forward to working with the new partner.