# Eurocrane signs agreement to acquire Voith-Werke for €49M

Eurocrane (China) signed an equity transfer agreement to acquire 100% of Voith-Werke Ing. A. Fritz Voith Gesellschaft M.B.H. & Co. Kg. for €49 million on September 11, 2018.

- Type: Acquisition
- Announced: 2018-09-11
- Where: Austria
- Value: $57.0M (49.0M EUR)
- Status: announced
- Products: heavy machinery, industrial equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Eurocrane (China)](https://endata.com/companies/34291.md) (acquirer)
- [Voith-Werke Ing. A. Fritz Voith Gesellschaft](https://endata.com/companies/34292.md) (target)

## Sources

- [in.marketscreener.com](https://in.marketscreener.com/quote/stock/EUROCRANE-CHINA-CO-LTD-42589632/news/Eurocrane-Co-Ltd-signed-an-equity-transfer-agreement-to-acquire-Voith-Werke-Ing-A-Fritz-Voith-34581884/), 2018-09-12: "The transaction is scheduled for completion before December 11, 2018."

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