Mutares signs deal to sell portfolio company Intime Group

Mutares signs deal to sell portfolio company Intime Group

Mutares SE & Co. KGaA has completed the sale of its majority stake in LiBCycle, a subsidiary of the inTime Group, to Reverse Logistics Group (RLG). LiBCycle, which specializes in logistics for defective lithium-ion batteries, generated annual revenues of EUR 4.1 million in 2025. The transaction, finalized on January 14, 2026, saw Mutares divest its 51% ownership, while the founding team retained a 49% stake. RLG, a circular economy-focused firm, will integrate LiBCycle into its portfolio, leveraging its network of 30 cross-docking facilities across Europe.

The inTime Group, acquired by Mutares in August 2025, operates three divisions: time-critical deliveries (inTime), third- and fifth-party logistics (Trans-Logo-Tech), and sustainable battery transport management (LibCycle). The acquisition, part of Mutares' strategy to strengthen its Goods & Services segment, added EUR 115 million in 2024 revenues and 450 employees.

Johannes Laumann, CIO of Mutares, emphasized that LiBCycle exemplifies the firm's focus on scalable platforms in emerging markets, noting the transaction aligns with broader exit strategies outlined in 2025. Mutares reported a 56% increase in Holding net income to EUR 83.5 million for the first nine months of 2025, driven by partial exits and restructuring gains. The sale of LiBCycle follows prior divestments, including stakes in Steyr Motors and Locapharm, and reflects Mutares' ongoing portfolio optimization.

This transaction underscores Mutares' active approach to balancing acquisitions and exits, with further sales anticipated in 2026.