SCM Group acquires 51% of HG Grimme

SCM Group, an Italian multinational in machines and industrial equipment, signed an agreement to acquire 51% of HG Grimme, a German specialist in machines for processing plastic and composite materials. The Grimme family will remain in management.

“SCM Group, the leading multinational Italian-based company active in design, construction and distribution of machines and industrial equipment, and HG Grimme, German specialist in systems for machining plastic and composite materials, signed an agreement by which SCM Group acquires 51% of HG Grimme”fineeng.eu

• 1 source
• fineeng.euAGREEMENT BETWEEN SCM GROUP AND HG GRIMME – FineEngineering MagazineTOP NEWSSep 26, 2017

Summarized from public sources; check the original articles before acting on it.