# Xiamen Tungsten subsidiary to acquire Mimatic Tools for €10M

Xiamen Tungsten announced that its subsidiary Xiamen Jinlu Special Alloy will increase capital of German Jinlu Hard Alloy by €14.9011 million, which will then acquire 100% of German Mimatic GmbH for a base price of €10 million, with an additional €4.9011 million capital increase for the target.

- Type: Acquisition
- Announced: 2025-12-29
- Where: Germany
- Value: $10.5M (10.0M EUR)
- Status: announced
- Products: hard alloy tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Xiamen Tungsten](https://endata.com/companies/89377.md) (investor)
- [Xiamen Jinlu Special Alloy](https://endata.com/companies/89378.md) (investor)
- [German Jinlu Hard Alloy](https://endata.com/companies/89379.md) (acquirer)
- [Mimatic GmbH](https://endata.com/companies/89380.md) (target)

## Sources

- [news.futunn.com](https://news.futunn.com/en/flash/19776276/xiamen-tungsten-german-subsidiary-jinlu-proposes-to-increase-capital-by), 2025-12-29: "Xiamen Tungsten announced that its controlling subsidiary, Xiamen Jinlu Special Alloy Co., Ltd., plans to increase the capital of its wholly-owned subsidiary, German Jinlu Hard Alloy Co., Ltd., by 14.9011 million euros."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.