on Mutares SE & Co. KGaA (isin : DE000A2NB650)
Mutares to Sell NEM Energy Group to Hyundai Heavy Industries Power Systems
On June 10, 2026, Mutares SE & Co. KGaA announced an agreement to sell NEM Energy Group to Hyundai Heavy Industries Power Systems (HPS). The deal involves NEM Energy B.V. and its subsidiary NEM Balcke-Dürr GmbH, both specialized in heat transfer technology. Based in Zoeterwoude, the Netherlands, NEM Group operates globally in power generation and various industrial markets.
While the purchase price remains undisclosed, the transaction is expected to close in the third quarter of 2026, pending regulatory approvals. This sale marks the completion of Mutares' investment value-creation process in NEM, aligning with its strategic objectives of transformation and repositioning.
R. P.
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