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Rantum Capital has acquired the industrial automation division Montratec from Schmid Group. Schmid Group will retain a minority stake in the new company. This is the first investment from Cedarlake Private Equity Fund I.
“Rantum Capital has acquired the industrial automation division of Freudenstadt-based Schmid Group, Montratec.”unquote.com
Summarized from public sources; check the original articles before acting on it.