# Allied Machine acquires majority stake in Wohlhaupter

Allied Machine & Engineering Corp has purchased a majority of the shares of Wohlhaupter GmbH, Wohlhaupter USA and Wohlhaupter India. The acquisition adds precision boring tools and gives Allied a manufacturing presence in Europe.

- Type: Acquisition
- Announced: 2016-11-01
- Where: Dover, Ohio, United States
- Status: completed
- Products: holemaking and finishing tooling systems, modular tool systems, facing and boring heads, grooving heads, clamping tools, precision boring tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Allied Machine & Engineering Corp](https://endata.com/companies/16265.md) (acquirer)
- [Wohlhaupter GmbH](https://endata.com/companies/16266.md) (target)

## Sources

- [mfgnewsweb.com](https://www.mfgnewsweb.com/archives/4/47818/Current-News-nov16/Allied-Machine-Purchases-Majority-Interest-in-Wohlhaupter.aspx), 2016-11-01: "Allied Machine is a perfect fit with Wohlhaupter."

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