# Osbra and Heinz Einhaus acquire Geiß GmbH in joint venture

Osbra GmbH and Heinz Einhaus GmbH have taken over the business operations of insolvent Geiß GmbH retroactively to July 1, 2020, forming a new joint venture Osbra Einhaus GmbH. The deal includes all personnel and a modern automated painting system in Monzingen, Germany.

- Type: Acquisition
- Announced: 2020-07-08
- Where: Monzingen, Germany
- Status: completed
- Products: industrial painting, polymer and painting technologies
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Osbra GmbH](https://endata.com/companies/24044.md) (acquirer)
- [Osbra Einhaus GmbH](https://endata.com/companies/24045.md) (partner)
- [Heinz Einhaus GmbH](https://endata.com/companies/48431.md) (acquirer)
- [Geiß GmbH](https://endata.com/companies/48432.md) (target)

## Sources

- [osbra.com](https://www.osbra.com/en/general/acquisition-of-industrial-painting-company-geiss-gmbh/), 2020-07-08: "The companies Osbra GmbH and Heinz Einhaus GmbH industrial painting have taken over retroactively to 01.07.2020 the business operations of Geiß GmbH, who declared insolvency in March 2020."

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