Germany, Sept. 22 -- Mutares SE & Co. KGaA has received an irrevocable offer from Foure Lagadec, a subsidiary of SNEF, to buy Mutares' portfolio company Clecim. The parties will now engage in a consultation process of the relevant works councils. The transaction is expected to be completed in the fourth quarter of 2025 after the consultation and subject to customary conditions.Clecim is a renowned supplier of carbon and stainless-steel processing lines, stainless steel rolling mills as well as mechatronic products and metallurgical services, serving steelmakers around the world for more than 100 years. The company generates approx. EUR 55 million in revenues and has a workforce of ca. 200 employees.Since Clecim's carve-out of Primetals Tech...