Mutares Expands Automotive Footprint with New Acquisition
Deal News | Jun 20, 2025 | Legal Community Italy
Mutares SE & Co. KGaA has entered into an agreement with Continental Automotive to acquire its production facility and R&D center for hydraulic drum brakes located in Cairo Montenotte, Savona. Scheduled to be rebranded as Aumovio starting September 2025, this acquisition strengthens Mutares' Automotive & Mobility segment. The deal, subject to customary regulatory approvals, is expected to close by Q4 2025. Legal advisors involved in the transaction include White & Case, representing Mutares with a team led by partner Leonardo Graffi from Milan and London, and K&L Gates assisting Continental with a cross-practice team led by partners Thomas Lappe, Giampaolo Salsi, and Bruno Vascellari. The transaction highlights Mutares' strategic intent to expand its automotive and mobility capabilities.
Sectors
- Automotive
- Legal Services
Geography
- Italy – The transaction involves the acquisition of a facility located in Cairo Montenotte, Savona, Italy.
- Germany – K&L Gates' legal team involved in the transaction includes members based in Berlin.
Industry
- Automotive – The acquisition involves a production and R&D facility for hydraulic drum brakes, aligning with the Automotive sector.
- Legal Services – The article details the legal advisory roles played by White & Case and K&L Gates in facilitating the acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Mutares SE & Co. KGaA | Bidding Company | Company | A private equity firm engaged in acquiring the production facility from Continental Automotive. |
| Continental Automotive | Selling Company | Company | The company selling its production facility and R&D center located in Cairo Montenotte, Savona. |
| White & Case | Legal Advisor to Mutares | Company | Provided legal advisory services to Mutares with a team led by partner Leonardo Graffi. |
| K&L Gates | Legal Advisor to Continental | Company | Assisted Continental with legal matters related to the transaction, involving a cross-practice team. |