# EXEL Industries acquires Eisenmann Intec in Germany

EXEL Industries, through its subsidiary Sames Kremlin, agreed to acquire 100% of German company Eisenmann Intec GmbH & Co. KG, a manufacturer of gluing equipment for the automotive industry, for an undisclosed amount.

- Type: Acquisition
- Announced: 2019-12-23
- Where: Erftstadt, Germany, Germany
- Status: announced
- Products: gluing equipment for automotive assembly
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Exel Industries](https://endata.com/companies/6458.md) (acquirer)
- [Eisenmann Intec](https://endata.com/companies/44124.md) (target)
- [Sames Kremlin](https://endata.com/companies/44125.md) (acquirer)

## Sources

- [boursorama.com](https://www.boursorama.com/bourse/actualites/acquisition-strategique-de-la-societe-eisenmann-intec-en-allemagne-483d439e68c0c2b45e3d7590a5f26665), 2019-12-23: "EXEL Industries a conclu un accord pour l’acquisition de 100% de la société Allemande Eisenmann Intec GmbH & Co. KG."

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