Feintool to acquire Kienle + Spiess

Feintool signed an agreement to acquire Kienle + Spiess, a supplier of rotors and stators for electric motors, to strengthen its position in electric sheet stamping. The deal is subject to regulatory approval.

“With the acquisition of European Group, Kienle + Spiess, Feintool is strengthening its market position in the field of electrification as a future technology.”globenewswire.com

• 2 sources
• globenewswire.comFeintool to accelerate growth through acquisition of KienleFeintool International Holding AGDec 7, 2021
• globenewswire.comFeintool to accelerate growth through acquisition of KienleFeintool International Holding AGDec 7, 2021

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