# ECM Technologies acquires Annealsys and Kemstream

ECM Technologies, a Grenoble-based industrial furnace manufacturer, acquired Annealsys and Kemstream, two companies based in Montpellier. The acquisition amount was not disclosed.

- Type: Acquisition
- Announced: 2021-05-17
- Where: Montpellier, France
- Status: completed
- Products: industrial furnaces
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [ECM Technologies](https://endata.com/companies/55161.md) (acquirer)
- [Annealsys](https://endata.com/companies/55162.md) (target)
- [Kemstream](https://endata.com/companies/55163.md) (target)

## Sources

- [ledauphine.com](https://www.ledauphine.com/economie/2021/05/17/grenoble-ecm-technologies-rachete-deux-societes-montpellieraines), 2021-05-17: "Le groupe grenoblois ECM Technologies vient de racheter les sociétés Annealsys et Kemstream."

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