# Jan Richtárik becomes majority owner of CNC TVAR

Jan Richtárik, co-founder of CNC TVAR, became the majority owner of the company through its parent company, consolidating ownership and management. CNC TVAR is a Czech CNC machining firm specializing in hydroenergy, mold machining, and aerospace components.

- Type: Acquisition
- Announced: 2019-09-20
- Where: Stráž nad Nisou, Czechia
- Status: completed
- Products: CNC machining services, hydroenergy components, mold machining, aerospace components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [CNC TVAR](https://endata.com/companies/42210.md) (target)
- [Jan Richtárik](https://endata.com/companies/42211.md) (acquirer)

## Sources

- [faei.cz](https://faei.cz/jan-richtarik-se-stal-majoritnim-vlastnikem-cnc-tvar/), 2019-09-19: "Jsem rád, že jsme se na tomto kroku dohodli, a věřím, že sjednocené vedení a řízení společnosti přinese nové možnosti růstu firmy do budoucna."

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