Post by Mutares SE & Co. KGaA

#transactionnews We have signed an agreement to sell our portfolio company NEM Energy B.V. and subsidiary NEM Balcke-Dürr GmbH (together “NEM Energy Group”) to Hyundai Heavy Industries Power Systems Co., Ltd (“HPS”), ultimately owned by MiCo Ltd, listed on the KOSDAQ (KOSDAQ: 059090), a trading board of Korea Exchange. The parties have agreed not to disclose the purchase price and contractual details. The closing of the transaction is subject to customary approvals and is currently expected in the third quarter of 2026. Johannes Laumann, CIO of Mutares, comments: “NEM Energy Group is a strong example of what we do best – identifying companies with potential, transforming them into high-performing standalone platforms, and creating value for all stakeholders. The energy sector is experiencing exceptional structural demand dynamics, and we have positioned NEM Energy perfectly to benefit from this environment. We are proud of having been part of the NEM journey and we are convinced that the HPS team is the best possible owner to support NEM Energy Group towards a future of further growth and profitable success. We would like to thank the HPS team for the pleasant cooperation and wish them a great journey ahead with the excellent teams of the NEM Energy Group. Find the full press release at: https://lnkd.in/eirwK5VB #Portfolio #Agreement #Mutares #ListedPrivateEquity #Strategy