# Damstahl and Armaturenwerk Hötensleben acquire 90% of KM RUSTFRI

Damstahl a/s and Armaturenwerk Hötensleben GmbH acquired 90% of the shares in KM RUSTFRI A/S, a Danish manufacturer of stainless steel fittings for the food and pharma industry. Damstahl took 45% of the shares.

- Type: Acquisition
- Announced: 2019-06-24
- Where: Denmark
- Value: $8.50M (7.50M EUR)
- Status: completed
- Products: stainless steel fittings, deep-drawn parts
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Damstahl](https://endata.com/companies/40222.md) (acquirer)
- [Armaturenwerk Hötensleben GmbH](https://endata.com/companies/40223.md) (acquirer)
- [KM RUSTFRI A/S](https://endata.com/companies/40224.md) (target)
- [NEUMO-Ehrenberg-Group](https://endata.com/companies/40225.md) (partner)

## Sources

- [m-a-worldwide.com](https://m-a-worldwide.com/km-rustfri-a-s-damstahl-neumo-ehrenberg-group/), 2019-06-24: "The Danish stainless steel wholesaler Damstahl a/s and the German manufacturing sister company Armaturenwerk Hötensleben GmbH, together with acquired 90% of the shares in the manufacturing company KM RUSTFRI A/S."
- [chemietechnik.de](https://www.chemietechnik.de/branche-markt/awh-erwirbt-anteile-an-daenischem-armaturenhersteller/1959653), 2019-07-12: "Mit der Beteiligung an der KM Rustfri eröffnen wir uns neue Möglichkeiten, das Produktspektrum zu erweitern und unsere Position in Skandinavien zu stärken."

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