Mutares has accepted an irrevocable offer from French private equity firm Reed Capital to acquire Walor Precision Turning, the precision-turned components division carved out from Walor Group. The transaction marks another strategic exit for Mutares in the automotive sector.

Closing is targeted for summer 2026, pending employee representative consultation and standard regulatory approvals. Reed Capital's acquisition reflects continued investor appetite for specialized automotive suppliers with diversified revenue streams.

During its ownership period, Mutares drove operational improvements while expanding the business across Europe and North America. The company successfully shifted focus toward less cyclical end markets, reducing dependence on traditional automotive volatility.

The data centre product line now provides significant optionality for the business. This diversification beyond automotive suppliers positions the company favorably amid structural industry pressures, making it an attractive acquisition target for Reed Capital.