Mutares completed the acquisition of Cimos from TCH.

Mutares, a private equity and investment firm, completed the acquisition of Cimos, a manufacturer of automotive components, from TCH, a wholesaler of agricultural products. Financial terms were not disclosed. "We are excited to announce the first platform acquisition in Eastern Europe, which will provide our Automotive & Mobility segment with numerous advantages and synergies. We are confident that through operational improvements and growth, together with the KICO and the ISH Group, we can develop Cimos into becoming a worldwide leader in the sector," Johannes Laumann, Mutares CIO.