Mutares To Acquire M3 Group

rttnews
2025.10.24 09:44
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Mutares SE & Co. (MUX.DE) has signed an agreement to acquire M3 Schakt AB, M3 Rental AB, and Schaktförmedlingen Sverige AB, a Swedish company specializing in transportation, construction, and machine rental for infrastructure projects. This acquisition, valued at approximately 35 million euros in revenue for fiscal 2024, aims to enhance Mutares' presence in the Nordic infrastructure market and strengthen its Infrastructure & Special Industry segment.

Mutares SE & Co. (MUX.DE) has signed an agreement to acquire M3 Schakt AB, M3 Rental AB and Schaktförmedlingen Sverige AB, a Swedish transportation, construction and machine rental service provider specializing in infrastructure projects, including subways, roads, and railways, serving large private construction companies. The transaction is an add-on acquisition for GDL Anläggning & Miljö. M3 Group generated revenues of approximately 35 million euros in fiscal 2024.

The company said the acquisition will further strengthen Mutares' Infrastructure & Special Industry segment and presence in the Nordic infrastructure and construction market.

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