Mutares agrees to buy Steinmüller Engineering from IHI Group

Bitget2026/09/29 05:30

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Mutares agreed to acquire Steinmüller Engineering from Japan’s IHI Group via a share deal.
Closing expected in Q4 2026, subject to customary completion conditions.
Steinmüller, a German thermal process engineering specialist, generated nearly EUR 100 million in total output in the last fiscal year.
The target employs about 170 people and has completed more than 1,300 projects for over 500 customers across 80 countries.
Mutares positions the deal as a platform investment focused on energy transition and industrial decarbonization, citing potential synergies with Sofinter Group.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mutares SE & Co. KgaA published the original content used to generate this news brief on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Mutares agrees to buy Steinmüller Engineering from IHI Group

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