India, Feb. 26 -- Mutares SE & Co. KGaA (MUX.F), an equity investor, said on Wednesday that it hasinked a deal to buy NBHX Trim Europe from Ningbo Lawrence Automotive Interiors Co., Ltd., a subsidiary of Ningbo Huaxiang Electronic Co., Ltd., a Chinese automotive components maker.
The transaction, to be closed in the second quarter of 2025, is expected to boost Mutares' Automotive & Mobility segment and complement the Matikon Group within Amaneos as an add-on acquisition.
Johannes Laumann, CIO of Mutares, said: "With the acquisition of NBHX Trim Europe, we are strengthening our Automotive & Mobility segment in the area of interiors. We see significant synergies with Matikon and expect to be able to exploit significant synergy potential to ...