Mutares Acquires GDL Anläggning & Miljö AB to Boost Goods & Services Segment
Deal News | Dec 23, 2024 | Mutares
Mutares SE & Co. KGaA, a leading private equity firm, has signed an agreement to acquire the Swedish company GDL Anläggning & Miljö AB from GDL Transport Holding AB. This acquisition marks Mutares' seventeenth investment in 2024 and is set to bolster their Goods & Services segment with a new platform investment. GDL Anläggning & Miljö AB specializes in environmental and recycling services, transport, ballast, and machine rental services. Headquartered in Helsingborg, the company reported revenues around EUR 100 million for FY 2023. With extensive operations across Sweden involving 60 employees in 16 locations, the acquisition is expected to close in Q1 2025. Johannes Laumann, Mutares CIO, expressed enthusiasm about the acquisition, highlighting its potential to deliver significant value and operational efficiency.
Sectors
- Environmental Services
- Transportation and Logistics
Geography
- Sweden – GDL Anläggning & Miljö AB is headquartered in Helsingborg, Sweden and operates across various locations in the country.
- Germany – Mutares SE & Co. KGaA is based in Munich, Germany, where the announcement was made.
Industry
- Environmental Services – GDL Anläggning & Miljö AB provides waste collection, sanitation, sludge suction, and recycling services which are fundamental to the Environmental Services industry.
- Transportation and Logistics – The company also specializes in construction transportation and operates a network geared towards efficient project execution, making it relevant to the Transportation and Logistics industry.
Financials
- EUR 100 million – GDL Anläggning & Miljö AB's reported revenues for the fiscal year 2023.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Mutares SE & Co. KGaA | Bidding Company | Company | A Munich-based private equity firm focused on acquiring medium-sized companies in special situations. |
| GDL Anläggning & Miljö AB | Target company | Company | A Swedish company specializing in environmental and recycling services, transport, and machine rental services. |
| GDL Transport Holding AB | Selling Company | Company | The parent company selling GDL Anläggning & Miljö AB in this transaction. |
| Johannes Laumann | Chief Investment Officer | Person | Chief Investment Officer at Mutares SE & Co. KGaA, providing comments on the acquisition. |