# Fair Friend Group acquires MAG Group's automotive machine tool division

Fair Friend Group (FFG) completed the acquisition of MAG Group's automotive machine tool division in 2015 after eight years of negotiations. The deal included brands such as Hüller Hille and Honsberg, and was valued at 450 million euros for the automotive division.

- Type: Acquisition
- Announced: 2026-11-05
- Where: Germany
- Value: $500.0M (450.0M EUR)
- Status: completed
- Products: automotive machine tools, metal-cutting machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Fair Friend Group](https://endata.com/companies/15812.md) (acquirer)
- [MAG Group](https://endata.com/companies/15813.md) (target)

## Sources

- [yesdaily.com](https://www.yesdaily.com/xinwen_53308.html), 2026-11-05: "汽车机床占机床整体市场40%，MAG客户涵括奔驰、BMW、福斯汽车、奥迪、法拉利、劳斯莱斯、宾利等顶级汽车厂"

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