Mutares to Strengthen Asian Footprint with HSR and HST Acquisition

Mutares SE & Co. KGaA plans a strategic expansion in Asia with the acquisition of HSR and HST from Hwaseung Corporation to bolster its Automotive & Mobility segment. This move involves a 67% share acquisition, marking a significant milestone in Mutares' global growth strategy. The transaction is expected to be finalized in the fourth quarter of 2025.

The acquisition targets HSR and HST, prominent in providing rubber sealing and hose products to leading automotive OEMs like GM, VW, and Hyundai. With over 600 employees, the companies generated revenues exceeding EUR 100 million in 2024. This acquisition will enhance Amaneos China's operations by leveraging synergies with SMA China and SFC China.

This development underscores Mutares’ operational acumen and expands its presence in China’s dynamic automotive market, while enabling new collaborations with top Asian and international OEMs.