# Lauffer Pressen merges with China's HFM Group

Horb-based press maker Lauffer Pressen has combined with Chinese press manufacturer HFM (Hefei Metalforming Intelligent Manufacturing), which will become a strategic partner. Lauffer reported 2017 order intake of about EUR 50 million and sales of EUR 45 million, and says it will remain independent.

- Type: Acquisition
- Announced: 2017-12-14
- Where: Horb, Germany
- Status: completed
- Products: hydraulic presses
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Lauffer Pressen](https://endata.com/companies/2554.md)
- [HFM](https://endata.com/companies/2555.md) (partner)

## Sources

- [produktion.de](https://www.produktion.de/wirtschaft/lauffer-pressen-schliesst-sich-mit-chinesischer-hfm-zusammen/1761228), 2017-12-14: "Die Maschinenfabrik Lauffer und die chinesische Aktiengesellschaft HFM haben sich zusammengeschlossen."

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