Mutares agrees to buy Steinmüller Engineering from IHI Group

By Public Technologies
  • Mutares agreed to acquire Steinmüller Engineering from Japan’s IHI Group via a share deal.
  • Closing expected in Q4 2026, subject to customary completion conditions.
  • Steinmüller, a German thermal process engineering specialist, generated nearly EUR 100 million in total output in the last fiscal year.
  • The target employs about 170 people and has completed more than 1,300 projects for over 500 customers across 80 countries.
  • Mutares positions the deal as a platform investment focused on energy transition and industrial decarbonization, citing potential synergies with Sofinter Group.


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 on September 29, 2026, and is solely responsible for the information contained therein.

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