# H. Gautzsch Großhandel Bayern acquires majority stake in Technid Handel GmbH

H. Gautzsch Großhandel Bayern GmbH & Co. KG acquired a majority stake in Technid Handel GmbH, a Vienna-based wholesaler of electrical materials for construction sites, effective October 1, 2019.

- Type: Acquisition
- Announced: 2019-09-23
- Where: Vienna, Austria
- Status: announced
- Products: electrical materials for construction sites
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [H. Gautzsch Großhandel Bayern](https://endata.com/companies/42258.md) (acquirer)
- [Technid Handel GmbH](https://endata.com/companies/42259.md) (target)

## Sources

- [i-magazin.com](https://i-magazin.com/gautzsch-uebernimmt-technid-handel-gmbh/), 2019-09-23: "Die bayrische Firmengruppe freut sich über diesen Schritt und geht davon aus, dass auf beiden Seiten Synergien entwickelt werden können"

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