# REM-Machinetools acquires machine tool manufacturer UMARO

REM-Machinetools, a Romanian manufacturer of vertical lathes, acquired traditional machine tool manufacturer UMARO. The acquisition aims to combine expertise in machine tools.

- Type: Acquisition
- Announced: 2020-02-12
- Where: Romania
- Status: announced
- Products: vertical lathes, machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [UMARO](https://endata.com/companies/44761.md) (target)
- [REM-Machinetools](https://endata.com/companies/45215.md) (acquirer)

## Sources

- [openpr.de](https://www.openpr.de/news/1076618/Maschinensucher-Kunde-uebernimmt-Hersteller-von-Werkzeugmaschinen.html), 2020-02-12: "Wir befinden uns mittlerweile an der Spitze der Werkzeugmaschinenunternehmen in Rumänien."

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