# KraussMaffei Group acquires IBS Plamag Maschinenbau GmbH

KraussMaffei Group has acquired IBS Plamag GmbH, a manufacturer of components and assemblies for mechanical engineering, based in Plauen, Germany.

- Type: Acquisition
- Announced: 2017-03-03
- Where: Plauen, Germany
- Status: completed
- Products: components and assemblies for mechanical engineering
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [KraussMaffei](https://endata.com/companies/11510.md) (acquirer)
- [IBS Plamag GmbH](https://endata.com/companies/16847.md) (target)

## Sources

- [heuking.de](https://www.heuking.de/de/news-events/aktuelle-meldungen/artikel/heuking-kuehn-lueer-wojtek-beraet-kraussmaffei-group-beim-erwerb-der-ibs-plamag-maschinenbau-gmbh.html), 2017-03-03: "Ein Team um Dr. Anne de Boer, Partnerin der wirtschaftsberatenden Sozietät Heuking Kühn Lüer Wojtek, hat die KraussMaffei Group beim Erwerb der IBS Plamag GmbH in Plauen begleitet."

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