Mutares to acquire the flooring business of Hamberger Industriewerke.

Mutares, a private equity firm, agreed to acquire the flooring business of Hamberger Industriewerke, a parquet and hard‑flooring manufacturer. Financial terms were not disclosed. "The Flooring business represents an exceptional opportunity to acquire Germany’s leading parquet manufacturer with a globally recognized premium brand. With its strong heritage, modern production capabilities and a clear roadmap for value creation, the company is an excellent fit for the Mutares portfolio. We see substantial potential to further strengthen the business in its core markets and accelerate its growth trajectory, especially in Asia," Johannes Laumann, Mutares CIO.