# Husillos Ipiranga and Shuton merge to form IAZ Group

Shareholders of Husillos Ipiranga and Shuton have reached an agreement to create a leading European ball screw manufacturing group, integrated into IAZ Group. The merger combines a century of cumulative experience.

- Type: Acquisition
- Announced: 2018-05-24
- Where: San Sebastián, Gipuzkoa, Spain
- Status: announced
- Products: ball screws
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [IAZ Group](https://endata.com/companies/18645.md)
- [Husillos Ipiranga](https://endata.com/companies/18643.md) (partner)
- [Shuton](https://endata.com/companies/18644.md) (partner)

## Sources

- [afm.es](https://www.afm.es/en/news/shutonipiranga-at-biemh2018), 2018-05-24: "Husillos lpiranga and Shuton to Create a Global Ball Screw Leader."

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