# Nexion acquires 75% stake in Stenhoj

Nexion agreed to acquire 75% of Stenhoj's shares, combining their equipment product lines and distribution channels.

- Type: Acquisition
- Announced: 2019-03-12
- Where: Denmark
- Status: announced
- Products: tire changing equipment, balancing equipment, alignment equipment, lifts, test equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Nexion Group](https://endata.com/companies/17224.md) (acquirer)
- [Stenhoj](https://endata.com/companies/37965.md) (target)

## Sources

- [aftersalesmagazine.nl](https://aftersalesmagazine.nl/nieuws/werkplaats/nexion-en-stenhoj-bundelen-krachten/), 2019-03-12: "Vandaag creëren we op ons gebied de sterkste groep van equipmentaanbieders in Europa, misschien wel in de wereld."

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