# Rantum Capital acquires Montratec from Schmid Group

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.

- Type: Acquisition
- Announced: 2017-06-14
- Where: Freudenstadt, Germany
- Status: completed
- Products: industrial automation systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Rantum Capital](https://endata.com/companies/17260.md) (acquirer)
- [Montratec](https://endata.com/companies/17261.md) (target)
- [Schmid Group](https://endata.com/companies/17262.md) (partner)

## Sources

- [unquote.com](https://www.unquote.com/dach/official-record/3005329/rantum-carves-out-montratec-from-schmid-group), 2017-06-14: "Rantum Capital has acquired the industrial automation division of Freudenstadt-based Schmid Group, Montratec."

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