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Mutares sells SRT Group and subsidiaries to Quiver

By Public Technologies
  • Mutares completed the sale of Stuart, comprising SRT Group and its subsidiaries, to Quiver on November 2, 2026.
  • The France-based urban and last-mile logistics platform generates around EUR 50 million in revenue and employs about 70 people.
  • Since its acquisition in 2023, Stuart diversified its customer base, invested in proprietary technology and reduced costs per order.
  • The sale advances the seller's strategy of reducing its exposure to the retail segment.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mutares SE & Co. KgaA published the original content used to generate this news brief via EQS News (Ref. ID: corporate_2425950_de) on November 02, 2026, and is solely responsible for the information contained therein.

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