Mutares-backed KICO & ISH adds on PRINZ

PRINZ is a kinematic systems supplier specialised in the development and production of hinges, mainly used in vehicle doors, tailgates and engine hoods.

  • KICO & ISH hinge and locking systems supplier
  • PRINZ’s customer base includes Mercedes-Benz, Daimler Truck, BMW and Volvo
  • Mutares is an international private equity investor focused on special situations

Mutares-backed KICO & ISH has completed the acquisition of PRINZ Kinematics from AL-KO.

PRINZ is a kinematic systems supplier specialised in the development and production of hinges, mainly used in vehicle doors, tailgates and engine hoods. The company is headquartered in Stromberg, Germany. Its customer base includes Mercedes-Benz, Daimler Truck, BMW and Volvo.

KICO & ISH hinge and locking systems supplier. With the four companies KICO, ISH, High Precision Components and PRINZ, Mutares is planning total revenues of approximately €350 million for the fiscal year 2024, according to a press statement.

Mutares aims to leverage synergies between the four companies in China, Germany, Poland and Bulgaria, the release added.

Mutares is an international private equity investor focused on special situations. The firm is based in Munich, Germany.