# TieLiu Clutch completes acquisition of Geiger Fertigungstechnologie

Zhejiang TieLiu Clutch Co., Ltd. completed the acquisition of 100% of Geiger Fertigungstechnologie GmbH, a German high-precision metal parts manufacturer, for an initial consideration of EUR 38.8079 million. The acquisition closed on July 31, 2018.

- Type: Acquisition
- Announced: 2018-08-04
- Where: Pretzfeld, Germany, Germany
- Value: $45.0M (38.8M EUR)
- Status: completed
- Products: high-precision metal parts, fuel injector components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Zhejiang TieLiu Clutch Co., Ltd.](https://endata.com/companies/18904.md) (acquirer)
- [Geiger Fertigungstechnologie GmbH](https://endata.com/companies/18905.md) (target)

## Sources

- [paper.cnstock.com](https://paper.cnstock.com/html/2018-08/04/content_1036857.htm), 2018-08-04: "本次收购系公司业务向高端制造业和精密制造业布局的重要一步"

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