# Truking Group acquires majority stake in Romaco Group from DBAG

Deutsche Beteiligungs AG sold three-quarters of its shares in Romaco Group to Truking Group, a China-based engineering company. DBAG will retain a 24.9% interest for up to three years.

- Type: Acquisition
- Announced: 2017-08-18
- Where: Karlsruhe, Germany, Germany
- Status: completed
- Products: processing and packaging equipment for pharmaceuticals
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Deutsche Beteiligungs AG](https://endata.com/companies/5437.md) (partner)
- [Truking Group](https://endata.com/companies/23988.md) (acquirer)
- [Romaco Group](https://endata.com/companies/23989.md) (target)

## Sources

- [lincolninternational.com](https://www.lincolninternational.com/transactions/deutsche-beteiligungs-sold-romaco-group-to-truking-group/), 2017-08-18: "Romaco can now seize the opportunities inherent in its improved market position in Asia."

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