Mutares stock gains 1.22 percent on Lapeyre offer
Published on 10/05/2026 at 19:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Mutares (ISIN DE000A2NB650) was last at EUR 24.95 on Xetra on October 5, 2026, up 1.22 percent from EUR 24.65. The stock gained as Mutares received an irrevocable offer for a controlling stake in French home-improvement business Lapeyre, while the holding company would retain a minority interest.
Lapeyre offer sets the tone
According to EQS News on October 5, 2026, the buyer is an investment vehicle backed by Italian entrepreneurs with experience in home improvement, furniture and retail. Completion is expected in the fourth quarter of 2026 and remains subject to the customary opinion of employee representatives.
The transaction would change Mutares' exposure rather than end it. The company would continue supporting Lapeyre's turnaround as a minority shareholder, preserving a link to a portfolio business acquired from Saint-Gobain in 2021.
First-half figures improve
The operating backdrop also strengthened in the latest interim period. Mutares reported group revenue of EUR 3,383.6 million in the first half of 2026, a 9 percent increase from EUR 3,106.3 million, while adjusted EBITDA moved from negative EUR 88.5 million to positive EUR 66.7 million, according to TickerGuard.
The comparison matters because Mutares' reported EBITDA remained heavily influenced by purchase-price effects, while adjusted EBITDA is intended to show the underlying portfolio performance. The company maintained its 2026 holding profit guidance of EUR 165 million to EUR 200 million and group revenue guidance of EUR 7.9 billion to EUR 9.1 billion, figures published on the Mutares investor-relations page.
Analyst target remains higher
MarketScreener lists a Buy consensus from three analysts, with an average target of EUR 45.15 and a spread of EUR 41.00 to EUR 49.40. Its reference close was EUR 25.80, putting the price 42.9 percent below the average target, according to MarketScreener.
Stock gains on October 5
Mutares was last at EUR 24.95 on Xetra at 5:35 p.m. CEST on October 5, 2026. Its 52-week range was EUR 23.25 to EUR 35.10, and its market capitalization was EUR 543.5 million with volume of 54,375 shares.
Mutares stock key data
- Company: Mutares SE & Co. KGaA
- ISIN: DE000A2NB650
- WKN: A2NB65
- Ticker: MUX
- Trading venue: Xetra
- Price (as of October 5, 2026, 5:35 p.m. CEST): EUR 24.95
- Market capitalization: EUR 543.5 million (as of October 5, 2026)
- 52-week range: EUR 23.25-35.10 (as of October 5, 2026)
- Sector / Industry: Investment Management / Investment Management & Fund Operators
- Index membership: SDAX
Upcoming dates for Mutares stock
- November 12, 2026: Publication of Q3 2026 results
