# Techniplas Group acquires core business of Nanogate

Techniplas Group, backed by private equity investors, is acquiring major assets of Nanogate SE and its insolvent subsidiaries, saving around 1,600 jobs. The transaction is subject to closing conditions.

- Type: Acquisition
- Announced: 2021-05-12
- Where: Germany
- Jobs: 1,600
- Status: announced
- Products: plastics components, multi-functional components
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Nanogate AG](https://endata.com/companies/20418.md) (target)
- [Techniplas LLC](https://endata.com/companies/47841.md) (acquirer)

## Sources

- [noerr.com](https://www.noerr.com/en/press/noerr-advises-nanogate-on-sale-of-core-business-to-us-techniplas-group--1600-job-saved), 2021-05-12: "Noerr has advised Nanogate SE on the sale of major parts of its core business by way of reorganisation by transfer to the US Techniplas Group."

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