M&AIndustrialsCLOSED
Mutares Sells SRT Group Logistics Platform to Quiver
Acquirer
Quiver
Target
SRT Group
Mutares has sold the SRT Group logistics platform to Quiver. The divestment forms part of the German private equity firm's strategy to reduce its exposure to the retail sector.
✦ Meridian Analysis
Mutares, a German private‑equity firm, has closed a sale of its SRT Group logistics platform to Quiver. SRT, headquartered in France, operates in the United Kingdom and Poland and runs a technology centre in Spain. Mutares acquired SRT in 2023 and is now reducing its retail‑sector exposure.
Deal terms, including the purchase price and any financing package, were not disclosed. No advisers or regulatory approvals were mentioned, and the timetable for the transition remains unclear. Market participants will watch for any subsequent announcements on the valuation, the structure of the transaction and whether Quiver will seek additional capital to support growth of the platform.
The Meridian Weekly
The week's largest deals and the Iberian ones, every Monday. Free.