# 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.

- Type: Acquisition
- Announced: 2021-12-07
- Status: announced
- Products: rotors, stators, motor cores
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Feintool International Holding](https://endata.com/companies/59502.md) (acquirer)
- [Kienle + Spiess](https://endata.com/companies/59503.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/12/07/2347041/0/en/feintool-to-accelerate-growth-through-acquisition-of-kienle-spiess.html), 2021-12-07: "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](https://www.globenewswire.com/news-release/2021/12/07/2347041/0/en/Feintool-to-accelerate-growth-through-acquisition-of-Kienle-Spiess.html), 2021-12-07: "With the acquisition of European Group, Kienle + Spiess, Feintool is strengthening its market position in the field of electrification as a future technology."

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