Announced
Synopsis
Maximum Return System Group-backed Advance Technologies System, an industrial holding company, agreed to acquire Conexus, a company that provides services for critical energy infrastructure, from Mutares, a holding company. Financial terms were not disclosed. “We are very pleased with the remarkable success achieved through our investment in Conexus, creating value for all stakeholders. With this transaction, we have successfully delivered on our communicated exit objectives. We are fully convinced that, under its new ownership, Conexus will further accelerate its growth in this highly attractive industry,” Johannes Laumann, Mutares CIO.
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