# Ringmetall AG acquires Nittel Halle GmbH

Ringmetall AG agreed to acquire Nittel Halle GmbH, a manufacturer of round bottom bags and form inliners based in Halle an der Saale, Germany, with annual sales of €13 million and 140 employees. The acquisition is planned for January 1, 2019.

- Type: Acquisition
- Announced: 2018-11-28
- Where: Halle an der Saale, Germany, Germany
- Jobs: 140
- Status: announced
- Capacity: 10 million inner linings per year
- Products: round bottom bags, form inliners, inner casings for industrial drums
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Ringmetall SE](https://endata.com/companies/8816.md) (acquirer)
- [Nittel Halle GmbH](https://endata.com/companies/35734.md) (target)

## Sources

- [eqs-news.com](https://www.eqs-news.com/news/ad-hoc/ringmetall-acquires-manufacturers-of-round-bottom-bags-and-form-inliners/f2429c6d-ecb2-4d9a-9cfb-abe6b8f645a7_en), 2018-11-28: "The Management Board of Ringmetall AG today reached an agreement on the takeover of Nittel Halle GmbH from the owner of the company."

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