Michael Koch, CRO / Interim-CEO Byldis (left), Henk Berendsen, Financial Director Byldis (right)
Mutares acquires Byldis, strengthening Byldis’ position as a leader in Modern Methods of Construction in the UK and across Europe.
Veldhoven, The Netherlands October 23, 2023 - Mutares SE & Co. KGaA (ISIN: DE000A2NB650), a dynamic and forward-thinking private equity investor, is delighted to announce the successful acquisition of Byldis, a leading company in Modern Methods of Construction in the UK and European market. This strategic takeover marks a significant milestone in Mutares' commitment to innovation and growth in the construction industry.
Byldis has established itself as a market leader in the field of Modern Methods of construction, revolutionising the industry with cutting-edge technologies and bringing innovative solutions to off-site construction. This acquisition not only solidifies Mutares' presence in the UK and European markets but also enhances its portfolio with Byldis' expertise and capabilities.
The integration of Byldis into the Mutares family reflects a shared commitment to driving excellence and delivering sustainable solutions in construction. With this acquisition, Mutares is poised to offer even more comprehensive and sustainable construction solutions to clients and partners across the UK and Europe.
KEY BENEFITS OF THE ACQUISITION:
Enhanced innovation: Mutares is thrilled to welcome Byldis into its fold as they have consistently demonstrated a strong focus on innovation. Together, we will continue to push the boundaries of modern construction methods, delivering state-of-the-art solutions to meet the evolving needs of our clients.
Expanded market reach: This acquisition broadens Mutares' geographical reach and strengthens our position in key markets across the UK and Europe. Byldis' extensive network of clients and partners will further enhance our presence, offering a significant competitive advantage.
Sustainable building practices: Byldis is renowned for its commitment to environmentally friendly and sustainable building practices. This aligns perfectly with Mutares' dedication to corporate social responsibility and sustainability. Together, we will work towards creating a more sustainable and eco-conscious construction industry.
Synergistic collaboration: The collaboration between Mutares and Byldis will lead to a dynamic exchange of knowledge, expertise, and resources. This synergy will drive the development of novel construction solutions and further innovation in the industry.
Michael Koch, CRO / Interim-CEO of Byldis, expressed excitement about the acquisition, stating, "Byldis is a remarkable company with a proven track record of innovation and excellence. This acquisition is a strategic move that enhances our capabilities and cements our commitment to delivering cutting-edge solutions to our clients. We are thrilled about the potential this partnership holds."
Henk Berendsen, Financial Director of Byldis added, "Joining forces with Mutares is a thrilling prospect. Their commitment to innovation and sustainable practices perfectly aligns with our own values. Together, we are poised to make an even greater impact on the construction industry and drive positive change."
The acquisition of Byldis by Mutares is a powerful combination of two industry leaders, destined to redefine the landscape of modern construction methods. This collaboration is a testament to the shared vision of both companies, and the bright future they are building together.
Mutares is a special situations private equity investor focused on identifying and leveraging growth potential within its portfolio companies. Through strategic acquisitions and innovative management, Mutares aims to create value and sustainable growth across a diverse range of industries.
Byldis is a market-leading producer of Modern Methods of Construction in the UK and European market. With a commitment to innovation and sustainability, Byldis has transformed the construction industry by delivering cutting-edge solutions and eco-friendly off-site building practices.