sur Mutares SE & Co. KGaA (isin : DE000A2NB650)
F.lli Ferrari Holding Concludes Partial Sale of Benelux Operations to HMF Group
F.lli Ferrari Holding, a portfolio company of Mutares SE & Co. KGaA, finalized the partial sale of its Netherlands distribution business to HMF Group. This transaction, involving approximately EUR 35 million in revenues and 50 employees, is part of F.lli Ferrari's ongoing restructuring following its acquisition from Hyva/JOST.
With a heritage in truck-mounted cranes and lifting solutions, F.lli Ferrari focuses on improving operational efficiency and core manufacturing activities. The sale aligns with Mutares' strategy to streamline its portfolio company's operations and enhance its industrial standing.
HMF Group, as the new custodian of the Netherlands distribution business, aims to leverage its market expertise for growth in the Benelux region. This move reflects Mutares' capability in managing and fostering portfolio growth.
R. E.
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