Mutares receives Lapeyre offer. Mutares stock sits 29.26 percent below its high

Published on 10/08/2026 at 17:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lapeyre generated EUR 475.00 million in 2025. Mutares stock costs EUR 24.83 on October 8, 2026, 29.26 percent below its high.

Key points in brief

Mutares received an irrevocable offer for control of Lapeyre on October 5, 2026.
Lapeyre generated EUR 475.00 million in 2025, while Mutares remains invested through a minority stake.
Mutares stock was trading at EUR 24.83 at Lang & Schwarz on October 8, 2026, 29.26 percent below its EUR 35.10 52-week high.
Mutares targets EUR 7.9 billion to EUR 9.1 billion in group revenue for fiscal 2026.

Moderne Glas-Bürozentrale in München bei Sonnenuntergang mit Passanten auf der Plaza — Fotorealistische Bürozentrale in München symbolisiert Mutares SE & Co. KGaA, ISIN DE000A0Z23Y2, im warmen Abendlicht, Illustration mit AI erstellt.

Mutares (ISIN DE000A2NB650) received an irrevocable offer for a controlling stake in Lapeyre on October 5, 2026, while Mutares stock sat 29.26 percent below its EUR 35.10 52-week high at EUR 24.83. EQS News reported that the French home-improvement business generated EUR 475.00 million in 2025. Mutares will retain a minority stake and continue supporting the turnaround.

What does Lapeyre mean for Mutares?

The proposed transaction shifts Lapeyre toward an Italian entrepreneur-backed ownership structure while leaving Mutares involved in the operational transition. Closing is expected in the fourth quarter of 2026 and remains subject to the customary employee-representative process, according to EQS News on October 5, 2026.

For Mutares, the EUR 475.00 million sales base gives the exit a material operating footprint, but the release names no purchase price. The minority position also means the transaction is not a complete economic exit from Lapeyre.

Three portfolio moves in 2026

On September 23, 2026, Mutares sold Prénatal Netherlands, which generated EUR 80.00 million in revenue. On September 30, 2026, Mutares completed its Synthomer acquisition, adding a business with EUR 110.00 million of 2025 carve-out revenue, according to Mutares. On October 5, 2026, the company reported the Lapeyre offer with EUR 475.00 million of 2025 revenue.

Which dates come next?

The next scheduled dates are November 12, 2026, for publication of the third-quarter report, and November 19, 2026, for the London Investor Day, according to Mutares. The investor-relations page also lists fiscal 2026 group-revenue guidance of EUR 7.9 billion to EUR 9.1 billion and holding-company net-income guidance of EUR 165.00 million to EUR 200.00 million.

Stock remains below its yearly high

Mutares stock was trading at EUR 24.83 at Lang & Schwarz on October 8, 2026 at 5:01 p.m. CEST, 0.68 percent below the Xetra close of EUR 25.00 on October 7, 2026. The reference price was EUR 10.27 below the EUR 35.10 52-week high and EUR 1.58 above the EUR 23.25 low, with a market capitalization of EUR 543.5 million as of October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Mutares stock.