# Time Manufacturing Company acquires Ruthmann Group

Time Manufacturing Company completed the purchase of the Ruthmann Group, merging Ruthmann and Versalift brands. Ruthmann GmbH & Co. KG and Ruthmann Finance GmbH & Co. KG were merged into Ruthmann Holdings GmbH.

- Type: Acquisition
- Announced: 2021-03-25
- Where: Germany
- Status: completed
- Products: aerial work platforms
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Time Manufacturing Company](https://endata.com/companies/22444.md) (acquirer)
- [Ruthmann](https://endata.com/companies/48217.md) (target)

## Sources

- [int-liftandhoist.com](https://www.int-liftandhoist.com/news/ruthmann-group-restructured/), 2021-03-25: "The acquisition brings together Ruthmann and Versalift, two complementary manufacturers of work and height access equipment."

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