# 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.

- Type: Acquisition
- Announced: 2020-01-23
- Where: Romania
- Status: announced
- Products: machine tools, vertical lathes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [REM Group](https://endata.com/companies/44760.md) (acquirer)
- [UMARO](https://endata.com/companies/44761.md) (target)

## Sources

- [blog.machineseeker.com](https://blog.machineseeker.com/2020/01/23/machineseeker-customer-takes-over-manufacturer-of-machine-tools/), 2020-01-23: "We are now at the top of the machine tool companies in Romania."

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