Walor Precision Turning acquired by Reed Capital

The transaction involves the divestment of Walor Precision Turning, a business unit of Walor International, which is owned by the private equity firm Mutares, as part of a strategic refocusing on its core business of producing forged parts for the automotive industry. This deal represents an industrial carve-out, aimed at isolating a non-core activity to optimize the seller's portfolio structure. The buyer, Reed Capital, a specialized investment vehicle focused on deal-by-deal transactions and industrial carve-outs, has made a binding offer to acquire the entire division. The transaction is structured as a primary leveraged buyout (LBO) backed by complementary bank financing, which will support the acquisition and future development of the asset. The scope of the divestment includes all precision turning and manufacturing activities for passive safety components in the automotive sector, as well as associated industrial assets spread across three production sites in Europe and Latin America. The seller will retain its forged parts business, confirming its strategy of industrial specialization and portfolio simplification. The transaction is driven by a value creation logic through portfolio optimization, with a clear strategic refocusing for the seller and targeted growth for the buyer. The acquirer intends to capitalize on the industrial expertise of the acquired business and its existing customer base, while pursuing diversification into new, high-growth industrial markets beyond the automotive sector. The completion of the transaction is expected in summer 2026, subject to customary closing conditions and regulatory and social consultations.