# Sumitomo Machinery acquires LUFTEX GEARS

Sumitomo Machinery acquired LUFTEX GEARS, a provider of aftermarket repairs and services for industrial gearboxes, on December 19, 2019. The terms were not disclosed.

- Type: Acquisition
- Announced: 2019-12-19
- Where: Lufkin, Texas, United States
- Status: completed
- Products: aftermarket repairs and services for industrial gearboxes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Sumitomo Machinery](https://endata.com/companies/44067.md) (acquirer)
- [LUFTEX GEARS](https://endata.com/companies/44068.md) (target)

## Sources

- [cbinsights.com](https://www.cbinsights.com/company/luftex-gears), 2019-12-19: "On December 19, 2019, LUFTEX GEARS was acquired by Sumitomo Machinery."

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