# BMZ Group acquires TerraE Holding

BMZ Group invested in TerraE Holding GmbH and acquired the Frankfurt-based company and TerraE Engineering GmbH.

- Type: Acquisition
- Announced: 2018-11-16
- Where: Frankfurt, Germany
- Status: completed
- Products: battery manufacturing
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [BMZ Group](https://endata.com/companies/19404.md) (acquirer)
- [TerraE Holding](https://endata.com/companies/19405.md) (target)

## Sources

- [channel-e.de](https://www.channel-e.de/branchen-news/merger-acquisitions-2018), 2018-12-31: "Die BMZ Group mit Sitz in Karlstein investiert in die TerraE Holding GmbH und übernimmt das Frankfurter Unternehmen sowie die TerraE Engineering GmbH…"

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