German listed private equity holding company Mutares SE & Co KGaA has signed a binding agreement to sell its portfolio company Conexus SpA to ATS – Advance Technologies System, a wholly owned subsidiary of private equity group Maximum Return System.
The transaction is expected to close in the first quarter of 2026, subject to customary conditions including approval under Italy’s Golden Power regime.
Conexus, acquired by Mutares in 2022 as Sirti Energia SpA, specialises in the design, constru...
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