Mutares completes acquisition of Steinmüller Engineering from IHI Group

Mutares completed its acquisition of German thermal-process engineering specialist Steinmüller Engineering from IHI Group on October 15, 2026. The acquisition strengthens its Energy & Technology segment’s position in energy transition and industrial decarbonization. Steinmüller generated total output of close to EUR 100 million in the last financial year. The Gummersbach-based business employs approximately 170 people, providing engineering, procurement and turnkey solutions for energy and industrial customers. 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 via EQS News (Ref. ID: corporate_2416550_en) on October 15, 2026, and is solely responsible for the information contained therein. (C)