Mutares receives Stuart offer and Mutares stock costs EUR 30.00

Published on 10/27/2026 at 12:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Quiver offered to acquire Stuart on October 26, 2026. Mutares stock costs EUR 30.00 on October 27, 2026, below the EUR 30.10 Xetra close.

Portfolio exits and market context

Quiver offered to acquire Stuart on October 26, 2026, with the business generating EUR 50 million in revenue.
Nord Gas Solutions reported an EUR 880 million order backlog on October 14, 2026.
Mutares stock traded at EUR 30.00 at 12:43 p.m. CET at Lang & Schwarz on October 27, 2026, 0.33 percent below the Xetra close of October 26, 2026.

Mutares, DE000A2NB650, Illustration mit AI erstellt.

Mutares (ISIN DE000A2NB650) was trading at EUR 30.00 at Lang & Schwarz on October 27, 2026, at 12:43 p.m. CET, 0.33 percent below the Xetra close of October 26, 2026. The latest company event is an offer from Quiver to acquire Stuart, Mutares' SRT Group logistics platform, as Placera reported on October 26, 2026.

Stuart offer adds an exit milestone

The offer covers Stuart, a platform connecting businesses with independent couriers for urban and last-mile deliveries. The transaction is expected to close in the fourth quarter of 2026, subject to informing employee representatives, according to Placera. Stuart generates EUR 50 million in revenue, giving the disposal a measurable operating scale even though the release does not disclose a purchase price.

Three portfolio events in October

Mutares received an offer for a controlling stake in Lapeyre on October 5, 2026, and the portfolio company generated EUR 475 million in revenue in 2025, according to Mutares. On October 14, 2026, Nord Gas Solutions carried an EUR 880 million order backlog, while management expected 2026 revenue above EUR 575 million, as Mutares stated. The Stuart offer followed on October 26, 2026.

What dates matter next for investors?

Mutares has scheduled publication of its third-quarter 2026 results for November 12, 2026, followed by a London Investor Day on November 19, 2026, according to the company's Mutares investor-relations calendar. The upcoming results will provide the next company-wide checkpoint after the October portfolio activity.

Warburg target reaches EUR 45

Warburg Research retained its Buy rating and raised its target for Mutares from EUR 41 to EUR 45 on October 22, 2026, according to MarketScreener. The new target is EUR 15.00 above the October 27 Lang & Schwarz price, a 50.00 percent difference based on the two euro prices.

Stock price stays near EUR 30

The October 27 indication places Mutares below the prior Xetra session close, while the latest portfolio announcements keep exits and operating improvement central to the investment case. Mutares was trading at EUR 30.00 at Lang & Schwarz on October 27, 2026, at 12:43 p.m. CET, minus 0.33 percent versus the Xetra close of October 26, 2026 at EUR 30.10. The further course of trading is shown by the continuously updated real-time quote of Mutares stock.