# SMW Autoblok acquires Tecnomagnete

SMW Autoblok Group, a workholding solutions leader, acquired Tecnomagnete, a manufacturer of permanent electromagnetic clamping and lifting systems. The acquisition was announced on December 6, 2021.

- Type: Acquisition
- Announced: 2021-12-06
- Where: Wheeling, IL, United States
- Status: completed
- Products: workholding solutions, permanent electromagnetic clamping systems, magnetic lifting systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [SMW Autoblok Group](https://endata.com/companies/59490.md) (acquirer)
- [Tecnomagnete](https://endata.com/companies/59491.md) (target)

## Sources

- [smwautoblok.com](https://www.smwautoblok.com/us/en/news/smw-autoblok-acquires-tecnomagnete/), 2021-12-06: "We are extremely excited about acquiring Tecnomagnete and offering even more specialized workholding capabilities to help customers with their diverse manufacturing needs."

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