FORUM Family Office acquires 100% of MRUT GmbHFORUM Family Office acquires 100% of MRUT GmbH

FORUM Family Office acquires 100% of MRUT GmbH

March 21, 2024

FORUM Family Office ("FORUM") has acquired 100% of the shares in MRUT GmbH, based in Pforzheim, through its sector holding company FORUM Water I GmbH. The company generates sales of approximately € 3 million with approximately 12 employees. The company is growing by 10 - 15% p.a.

MRUT's roots go back to 1972. Under the two managing directors Uwe Hill and Carsten Nehls, the company has developed into an efficient plant manufacturer in the field of water treatment. MRUT masters the entire value chain of plastic-based plant construction, especially engineering, automation technology/switchgear construction and sophisticated special container construction. One focus is on the treatment and avoidance of electroplating or anodizing wastewater.

MRUT expands FORUM's existing water technology group to 8 companies. Approaches for closer cooperation arise in particular with our subsidiary cobos Fluid Services GmbH in wastewater treatment for industrial customers and Nutricon in wastewater chemistry for sewage treatment plants. As always, FORUM's continuation concept is to maintain the existing corporate strategy in all essential aspects. In our planning, we will invest in building a second qualified management level to be able to cope with further growth. The location will remain permanent, and we warmly welcome all employees to the FORUM Group!

The two managing directors have expressed the wish to concentrate fully on the business and their customers and to withdraw from administrative activities. In this respect, Dennis Bernhardt - in personal union managing director of cobos - will take over the managing director function at MRUT.

The two founders comment on their decision as follows:

"For us, bringing on board a strong industry partner was the safest way to further increase MRUT's economic success. In FORUM's water technology group, we have found an ideal environment, and with cobos Fluid Services, the ideal partner for growth and innovation. We look forward to the synergies, the collaboration and to jointly leveraging the great potential of this connection!"

Burkhard Wittek from FORUM sees this case as the entry into a new field:

"Uwe Hill and Carsten Nehls are the tip of the iceberg of medium-sized entrepreneurs who love their business but are fed up with the growing flood of bureaucracy in Germany: GDPR, ESG, ISO, BG, environmental agency, etc. etc. We have defined a solution in which another company takes over the bulk of the administration - so that the founders can once again fully do what they became entrepreneurs for: customers and business. Their company remains fully autonomous - because FORUM is decentralized. And it remains a family business."

FORUM invests the assets of a Munich family in medium-sized companies. FORUM's principles in the area of Family Equity are: permanent, decentralized, entrepreneurial - completely different from financial investors. This approach has already persuaded more than 30 entrepreneurs to entrust their life's work to FORUM.

Contact: Vincent Helget: vincent.helget@forumgruppe.de

Company succession at Forum Family Office

FORUM Family Equity offers family businesses individual succession solutions that ensure long-term success and corporate identity. As a family equity investor, FORUM focuses on sustainability, employee development and cooperation based on trust. In contrast to corporations and private equity funds, which aim for quick profits, FORUM builds long-term partnerships and protects the company value. Find out how FORUM supports your company in successfully continuing your life's work.

COMPANY SUCCESSION with FORUM FAMILY OFFICE
Forum Family Office sign at the entrance in Munich