Mutares Strengthens Automotive Footprint With Continental Acquisition
Deal News | Jun 20, 2025 | White & Case LLP
Global law firm White & Case LLP has advised Mutares SE & Co. KGaA on signing an agreement to acquire Continental Automotive's Italian operations in Cairo Montenotte, Savona. The acquisition includes a manufacturing plant and R&D center for hydraulic drum brakes, which produces the Parking Brake for Simplex Brakes (EPB-Si) and Drum Brake (Si). This move will further strengthen Mutares' Automotive & Mobility segment. The site will transition into an independent company named Aumovio by September 2025. The transaction is anticipated to close in Q4 2025, pending customary closing conditions and approvals. The White & Case team, led by partner Leonardo Graffi, provided counsel on M&A and IP aspects of the transaction.
Sectors
- Automotive
- Legal Services
Geography
- Italy – The transaction involves the acquisition of operations located in Cairo Montenotte, Savona, Italy.
- Germany – Mutares SE & Co. KGaA is based in Germany.
Industry
- Automotive – The acquisition of Continental's hydraulic drum brake operations enhances Mutares' presence in the automotive sector.
- Legal Services – Involvement of White & Case LLP highlights the role of legal services in facilitating M&A transactions.
Financials
- – The article does not provide specific financial figures related to the acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Mutares SE & Co. KGaA | Buyer | Company | A German-based investment company acquiring Continental's Italian operations. |
| Continental Automotive | Seller | Company | A company divesting its Italian operations, which will become Aumovio. |
| Aumovio | Target | Company | The intended independent entity following the transition of Continental's operations. |
| White & Case LLP | Legal Advisor | Company | A global law firm advising Mutares on this transaction. |