Announced
Completed
Financials
Sources
Tags
France
delivery services
Private Equity
Friendly
Express Courier / Parcels
Acquisition
Majority
Private
Cross Border
Single Bidder
Completed
Synopsis
Mutares, a German-based holding company, completed the acquisition of SRT Group, a delivery services company, from Geopost, a holding company. Financial terms were not disclosed. “With Stuart, we are adding a new, high-growth platform to the Mutares portfolio. The company not only strengthens our deep expertise in transportation and logistics, but also allows us to enter the growing segment of urban on-demand deliveries. Together with Stuart’s management and partners, the Mutares operations teams will continue to grow the business with its strong focus on sustainable delivery solutions in metropolitan environments. This acquisition marks another important step to achieving our Mutares Group revenue targets for 2025,” Johannes Laumann, Mutares CIO.
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