Mutares sells Fuentes Quality Logistics to Ontime-led consortium

Mutares has successfully sold its portfolio company Fuentes Quality Logistics S.L. to a consortium led by the Ontime franchise and the founding family. Fuentes, a service company specializing in temperature-controlled logistics, boasts revenues of approximately €200m and has undergone a targeted transformation process focusing on operational improvements and profitability restoration.

The sale provides the Ontime franchise with a key platform in the Iberian and broader European logistics market, integrating Fuentes to leverage synergies for continued growth and consolidate its regional presence. Mutares anticipates this transaction will contribute significantly to its earnings, supporting its target of €200m in exit proceeds. Johannes Laumann, cio of Mutares, highlighted the successful realization of shareholder value through operational improvements and strategic positioning.

Mutares, a listed private equity holding company, acquires companies in special situations with operational improvement potential, repositioning and stabilizing them before resale.