# Mutares sells FTW to German family office

Mutares AG has sold Fertigungstechnik Weißenfels GmbH (FTW), a manufacturer of NC rotary table systems and special fixtures for the machine tool industry, to a German family office (family Klement). The deal was advised by Livingstone.

- Type: Acquisition
- Announced: 2017-04-28
- Where: Weißenfels, Germany, Germany
- Status: completed
- Products: NC rotary table systems, special fixtures for machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Mutares](https://endata.com/companies/6466.md) (partner)
- [Fertigungstechnik Weißenfels](https://endata.com/companies/17095.md) (target)
- [Family Office Klement](https://endata.com/companies/17096.md) (acquirer)

## Sources

- [livingstonepartners.com](https://livingstonepartners.com/de/transaction/machine-tool-specialist-fertigungstechnik-weienfels-sold-to-german-family-office/), 2017-04-28: "Es hat uns sehr gefreut, für mutares AG tätig werden zu können, nachdem wir bereits die vergangene Transaktion betreffend FTW im Jahr 2010 beraten haben."

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