Managing Director Heiko Baufeld and Vice President Engineering Dr. Andreas Löffler jointly handed over the new building to the employees of iinovis GmbH, Wolfsburg site.

Welcome to Wolfsburg iinovis!

„Stormy” Welcome! to Wolfsburg iinovis!

Whether it was just a coincidence that storm “Eugen” passed over Germany on 04.05.2021 of all days will remain unclear. In any case, it was a stormy opening of the new offices and workspace in the new home of iinovis in Wolfsburg. Since 03.05.2021, all projects from the business areas of vehicle development, electrics & electronics, simulation, prototyping & small series and testing have been processed at the new location at Westrampe 3/5.

More than 120 employees will find top-equipped workplaces that meet the latest standards and are future-proof in over 2500m² of office space and the shop floor. All relevant work areas are also TISAX-certified and approved by the local OEM, so that we can continue to work on future technologies, parts and vehicles.

With our new offices, we are also keeping our finger on the pulse of the times in Wolfsburg and look forward to living innovation,vision und integration.


Mutares successfully completes the acquisition of the Engineering Services of Valmet Automotive Inc.

  • Strengthening of the Automotive & Mobility segment.
  • Company with revenues of approximately EUR 56 million in 2019
  • High synergy potential for existing portfolio of Mutares
  • The company operates under the new name iinovis

Munich, November 13, 2020 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of the Engineering Services segment of the Finnish automotive supplier Valmet Automotive Inc. The company now operates under the name iinovis.

The company will strengthen the Automotive & Mobility portfolio segment as a new platform investment with sales of approximately EUR 56 million and employs over 600 highly skilled and trained engineers and technicians at its five locations in Germany. In addition, the company operates a test track in Spain.

Valmet Automotive Engineering is a leading automotive engineering service provider with expertise in key growth areas such as simulation, testing, electrical/electronic and vehicle development (cars & motorcycles). In addition to engineering services for OEMs as well as Tier 1 suppliers, the company is also active in prototype, small series production and wiring harness production.

Company profile of Mutares SE & Co. KGaA

Mutares SE & Co. KGaA, Munich (, as a listed private equity holding company with offices in Munich (HQ), Frankfurt, Helsinki, London, Madrid, Milan, Paris, Stockholm and Vienna, acquires medium-sized companies and parts of groups based in Europe that show significant operational improvement potential and are resold after stabilization and repositioning. Mutares actively supports and develops the portfolio companies with its own investment and expert teams as well as through acquisitions of strategic add-ons. With a focus on sustainable growth of the portfolio companies, the aim is to achieve a significant increase in value with a return of 7 to 10 times ROIC (Return on Invested Capital) on the total investments. In the financial year 2019, Mutares SE & Co. KGaA generated consolidated annual revenues of approximately EUR 1.0 billion with more than 6,500 employees worldwide in the Group. Based on this, the Group’s revenues are expected to expand to approximately EUR 3.0 billion by 2023. Mutares strongly relies on a sustainable dividend policy consisting of a basic dividend and a performance dividend, which has been stable above 10% in the past years. The shares of Mutares SE & Co. KGaA are traded on the Frankfurt Stock Exchange under the symbol “”MUX”” (ISIN: DE000A2NB650).

For further information please contact:

Mutares SE & Co. KGaA
Investor Relations
Phone: +49 89 9292 776 0


Contact Press

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone +49 89 1250 90330


We are online!

Since April 1st iinovis has put its website online.

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We are happy to support you. With us you get successful and scalable services from one source.

iinovis stands for innovation, vision and integration.

With our icon  in the logo we depict the “connections of our service portfolio” from vision to integration. Every project needs our full attention and a holistic view.