Late additionCarve-out
Mutares acquires TREPEL und MAFI
Deal-Radar editorial team · responsible: Nick Herbig
late addition, source dated 02 Sept 2026: deutsche-boerse.com
SourcingClub was not involved in this transaction.
How the deal fits together.
- NDW Maschinenbau Holding GmbHSeller
- TREPEL und MAFITarget
Buyer: Mutares
Who was involved.
- Buyer
- Mutares
- Target
- TREPEL und MAFI, Tauberbischofsheim
- Seller
- NDW Maschinenbau Holding GmbH
- Type
- Carve-out
- Sector
- Industrials and engineering
- Country
Germany
- Source dated
- 02/09/2026
- Source
- deutsche-boerse.com
Deal-Radar no. 46-169 · added in Week 46/2026, first reported on 02/09/2026 · publicly reported, no guarantee · SourcingClub was not involved in this transaction. Report an error · Sources and limits
We report publicly announced information and link the source; we accept no liability for its accuracy. No offer and no investment, legal or tax advice. The operators of linked pages are responsible for their content. We correct errors as soon as we learn of them. The context is based only on deals recorded in the Deal-Radar and is not complete.
Valuation in this industry.
3.5 to 7.3times EBITDA
- 3.5x to 4.7xRevenue under €5m
- 4.6x to 6.0x€5m to €50m
- 5.6x to 7.3xover €50m
Market range for Machinery & Plant Engineering, not the price of this deal. Data basis: DUB KMU-Multiples, Q3/2026; preparation: SourcingClub.
Multiples by size class for Machinery & Plant Engineering 23 deals in this industry on the radar
September 2026 on the Deal-Radar.
17 of 120 deals were of the type Carve-out.
- Strategic49
- Carve-out17
- Add-on15
- Buy-out11
- Insolvency10
- Minority stake6
- Succession5
- Funding round4
- Merger2
- Secondary1
Transactions by Mutares.
Profile MutaresNew deals every day. By email on Mondays.
All deals of the previous week in one email, with source and adviser.
