Mutares Acquires Drum Brake Facility in Italy from AUMOVIO

Mutares SE & Co. KGaA has finalized the acquisition of AUMOVIO's drum brake production and R&D site in Cairo Montenotte, Italy. This transaction involves the transfer of all employees and business activities to Mutares, under the new name Zendra Systems. This acquisition aims to bolster Mutares’ Automotive & Mobility segment.

The facility, located in Savona, is a key site for hydraulic drum brakes, producing items like Parking Brake for Simplex Brakes and the Drum Brake. Employing around 400 people, it is projected to generate revenues of approximately EUR 100 million in 2025.

This move aligns with Mutares' strategy to acquire companies offering operational improvement potential. The firm's shares are traded on the Frankfurt Stock Exchange and are part of the SDAX index.