Mutares has signed an agreement to acquire the Flooring Business of Hamberger Industriewerke GmbH, a €150m revenue-generating hard flooring manufacturer, strengthening its Goods & Services segment with a new platform investment.

The transaction, expected to close in Q2 2026, adds the HARO-branded business to Mutares’ portfolio. The company operates two highly automated production facilities in Germany and Bulgaria and maintains a global sales network spanning more than 70 countries.

With over 700 employees, the business manufactures parquet, laminate, design flooring, sports flooring, and acoustic panels. It holds a market-leading position in Germany’s parquet segment and benefits from long-standing relationships with specialty retailers and DIY chains.

“The Flooring business represents an exceptional opportunity to acquire Germany’s leading parquet manufacturer with a globally recognized premium brand,” said Johannes Laumann, CIO of Mutares. “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.”

For Mutares, the acquisition aligns with its strategy of acquiring special situation businesses with operational improvement potential and repositioning them for long-term value creation.

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