Eight Directions Technology Limited Announces Entering into an Agreement and Plan of Merger with Quartzsea Acquisition Corporation
Quartzsea Acquisition Corporation→Eight Directions Technology Limited
May 14, 2026

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Mutares has signed an agreement to acquire the Flooring Business of Hamberger Industriewerke GmbH, with closing expected in Q2 2026 subject to regulatory approvals. The acquisition is positioned as a new platform investment for Mutares’ Goods & Services segment.
The business manufactures parquet and other hard-floor coverings under the HARO brand, with operations in Germany and Bulgaria and two highly automated production sites. It has more than 700 employees and generates approximately EUR 150 million in revenues, supported by a global sales network covering more than 70 countries.
HARO produces parquet, laminate, design flooring, sports flooring, and acoustic panels, and Mutares says the platform offers value-creation potential with growth momentum in Asia.
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