Mutares to acquire plastic parts business from MANN+HUMMEL.

Mutares, a company that acquires medium-sized companies. to acquire plastic parts business from MANN+HUMMEL, a manufacturer of liquid and air filter systems. Financial terms are not disclosed. “I am very pleased to announce the acquisition of MANN+HUMMEL’s high-performance plastic parts business. With our expertise in the automotive industry and the trend towards e-mobility, we see new opportunities and thus enormous growth potential for the company. Especially the synergy potential with LMS and the SFC Solutions Group will make the company an indispensable partner in the automotive supply sector of plastics and elastomers,” Johannes Laumann, Mutares CIO.