# VR Equitypartner sells VAUTID to UP Scientech Materials

VR Equitypartner has sold its majority stake in VAUTID GmbH to Taiwan's UP Scientech Materials Corp. VAUTID, with 450 employees, is a leading provider of metal-based wear protection solutions.

- Type: Acquisition
- Announced: 2020-03-03
- Where: Ostfildern, Germany
- Jobs: 450
- Status: completed
- Products: wear protection materials, hardfacing welding materials, composite plates, castings
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [VR Equitypartner](https://endata.com/companies/10155.md) (partner)
- [VAUTID GmbH](https://endata.com/companies/45672.md) (target)
- [UP Scientech Materials Corp.](https://endata.com/companies/45673.md) (acquirer)

## Sources

- [majunke.com](https://majunke.com/vr-equitypartner-veraeussert-anteile-an-vautid), 2020-03-03: "Die Frankfurter Beteiligungsgesellschaft VR Equitypartner verkauft nach langjähriger Partnerschaft ihre mehrheitlichen Anteile an der VAUTID GmbH."

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