Mutares SE & Co. KGaA has successfully sold its portfolio company Clecim to Fouré Lagadec, achieving a ROIC of over 10x and paving the way for enhanced growth in the steel processing sector.

Information on the Target

Clecim is a leading provider of high-end carbon and stainless steel processing lines, rolling mills, mechatronic products, and metallurgical services. With over 100 years of experience, the company serves steel producers globally and has reported annual revenues of approximately EUR 55 million. It employs around 200 staff members who are dedicated to delivering quality solutions in the metal processing industry.

Since its acquisition from Primetals Technologies Group in 2021, Clecim has undergone significant transformation and optimization processes. The company's focus has been on enhancing key projects and offerings to improve overall quality, implementing lean project management to boost performance and profitability, and optimizing its cost structure. Additionally, Clecim has successfully initiated a diversification strategy, entering new markets such as the defense and energy sectors.

Industry Overview in the Target’s Specific Country

The steel processing industry in Germany is one of the most robust segments of the manufacturing sector, characterized by continuous innovation and solid demand. Germany is known for its advanced technology

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Fouré Lagadec

invested in

Clecim

in 2025

in a Buyout deal

Disclosed details

Revenue: $60M

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Seller type

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