# 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.

- Type: Acquisition
- Announced: 2021-08-07
- Where: Aiud, Romania
- Status: announced
- Products: industrial equipment, machine tools, turbines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Industeam](https://endata.com/companies/57288.md) (acquirer)
- [Emsil](https://endata.com/companies/57289.md) (target)

## Sources

- [en.paperjam.lu](https://en.paperjam.lu/article/industeam-secures-its-producti), 2021-08-24: "We thought about integrating production rather than subcontracting it in order to control and secure our offer."

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