# Comer Industries acquires Walterscheid Powertrain Group

Comer Industries S.p.A. acquired German-based Walterscheid Powertrain Group. The merger is expected to create one of the world's largest suppliers of drive solutions for the agricultural sector, with a combined turnover of EUR 1 billion in 2021.

- Type: Acquisition
- Announced: 2021-12-17
- Where: Lohmar, North Rhine-Westphalia, Germany
- Status: announced
- Products: mechatronic solutions, integrated drive systems, drive systems for off-highway and industrial applications
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Walterscheid Powertrain Group](https://endata.com/companies/8186.md) (target)
- [Comer Industries](https://endata.com/companies/8187.md) (acquirer)

## Sources

- [ceelegalmatters.com](https://ceelegalmatters.com/russia/18693-advant-advises-comer-industries-on-acquisition-of-walterscheid-powertrain-group), 2021-12-17: "The merger of Comer Industries, listed on the Borsa Italiana, with WPG will create one of the world's largest suppliers of drive solutions in the agricultural sector."

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