Mutares to acquire Prénatal stores and e-commerce activities from PRG Retail.

Mutares, a private equity firm, agreed to acquire Prénatal stores and e-commerce activities from PRG Retail, a real estate company. Financial terms were not disclosed. “With the acquisition of Prénatal in the Netherlands, we are further strengthening our Retail & Food segment. Like every other retailer in Europe and the Netherlands, also Prénatal has been experiencing challenging market conditions. Recently, the company announced a restructuring program to further enhance its position in a competitive market environment. I am confident that, with the backing of the Mutares team, Prénatal can further leverage its potential for future growth,” Mark Friedrich, Mutares CFO.