Mutares sells SRT Group and subsidiaries to Quiver

Bitget2026/11/02 08:00

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Mutares completed the sale of Stuart, comprising SRT Group and its subsidiaries, to Quiver on November 2, 2026.
The France-based urban and last-mile logistics platform generates around EUR 50 million in revenue and employs about 70 people.
Since its acquisition in 2023, Stuart diversified its customer base, invested in proprietary technology and reduced costs per order.
The sale advances the seller's strategy of reducing its exposure to the retail segment.

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_2425950_de) on November 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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