Mutares' Nord Gas Solutions Sees Strong Market Growth

Munich-based Mutares SE & Co. KGaA reports significant growth prospects for its portfolio company, Nord Gas Solutions (NGS). Benefiting from a booming market, NGS anticipates revenues surpassing EUR 575 million by 2026. Its order backlog has reached a record EUR 880 million.

The surge is driven by trends like global energy demand, decarbonization, and energy transition, prompting increased orders for gas technologies. NGS foresees continued double-digit revenue growth in 2027. The company is also independently enhancing operations and profitability through strategic initiatives. These aim to leverage aftermarket business growth and efficiency improvements.

Mutares is exploring strategic exit options for NGS, including a potential public listing in the Nordics, though no decision has been finalized. NGS continues to strengthen its position in the gas solutions market, supported by a robust order pipeline and planned expansion in midstream infrastructure and services.