◂ Announcements

Aug 7, 2021ACQUISITIONAiud, Romania

Industeam acquires Emsil site in Romania to create subsidiary

Industeam signed a contract to acquire one of Emsil's three sites in Aiud, Romania, creating a new subsidiary, Industeam East Europe. The deal includes a minority stake in Emsil and secures in-house production capacity.

Status

Announced

Productsindustrial equipmentmachine toolsturbines

CompaniesIndusteam acquirer Emsil target

Sectors#Industrial Machinery

“We thought about integrating production rather than subcontracting it in order to control and secure our offer.”en.paperjam.lu

1 source
en.paperjam.luIndusteam secures its production in Romania | Paperjam English NewsMathilde ObertAug 24, 2021

Summarized from public sources; check the original articles before acting on it.

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