Mutares SE & Co. KGaA

Stellantis has agreed to sell its entire stake in car-sharing division Free2move to German private equity firm Mutares. Free2move operates short- and long-term free-floating fleets in 14 cities across Europe and the US, making it one of the more geographically diversified operators in the sector. The divestment aligns with Stellantis' FaSTLAne 2030 strategy of disciplined capital allocation, while Mutares gains a new mobility platform and plans to overhaul fleet management, accelerate the shift to battery-electric vehicles, and enhance customer experience. The deal is expected to close by year-end, subject to regulatory approvals.

Amaneos, part of German private equity firm Mutares, has finalized its purchase of Magna's European automotive lighting operations. The acquired unit, which posted revenue of roughly €200 million in 2025 and employs around 1,500 people, will become part of Amaneos' subsidiary Light Mobility Solutions. The deal includes two manufacturing sites in Moncalieri, Italy, and Kostrzyn nad Odrą, Poland, as well as engineering hubs in Rivoli, Italy, and Ostrava, Czech Republic. Amaneos plans to combine Magna's front and rear lighting technology with LMS's exterior panel offerings to deliver more complex, technology-driven modules. The transaction is part of a broader restructuring by Magna, which is divesting its lighting and rooftop systems divisions across three separate deals.