◂ Announcements

Jan 23, 2020ACQUISITIONRomania

REM Group acquires machine tool manufacturer UMARO

REM Group, a Romanian manufacturer of vertical lathes, has acquired UMARO, a well-established machine tool manufacturer. The acquisition aims to combine the expertise of both companies and strengthen REM's position in the machine tool industry in Romania.

Status

Announced

Productsmachine toolsvertical lathes

CompaniesREM Group acquirer UMARO target

Sectors#Industrial Machinery

“We are now at the top of the machine tool companies in Romania.”blog.machineseeker.com

1 source
blog.machineseeker.comMachineseeker customer takes over manufacturer of machine tools - Machineseeker BlogRedaktionJan 23, 2020

Summarized from public sources; check the original articles before acting on it.

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