# Delfingen to acquire Schlemmer's European and African operations

Delfingen plans to acquire the European and African operations of Schlemmer, a German industrial group specializing in cable protection and injection-molded parts for the automotive industry. The acquired division has a turnover of around €100 million, 1,000 employees, and 5 factories in Germany, Romania, Russia, Morocco, and Tunisia.

- Type: Acquisition
- Announced: 2020-10-23
- Value: $118.0M (100.0M EUR)
- Jobs: 1,000
- Status: announced
- Products: cable protection, injection-molded parts for automotive
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [DELFINGEN](https://endata.com/companies/24821.md) (acquirer)
- [SCHLEMMER](https://endata.com/companies/48648.md) (target)

## Sources

- [chargedevs.com](https://chargedevs.com/newswire/automotive-cable-firm-delfingen-expands-its-reach-with-acquisition/), 2020-10-23: "A crisis can be a source of opportunity."

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