# Paragon acquires 55% stake in KME SPECIAL from KME SE

Paragon Partners acquired a 55% stake in KME SPECIAL, a global leader in casting moulds and technologies for the steel industry, from KME SE. KME SE retains a 45% stake in the newly formed joint venture.

- Type: Acquisition
- Announced: 2021-12-21
- Where: Osnabrück, Germany
- Status: announced
- Products: casting moulds, casting technologies
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [KME Group](https://endata.com/companies/11552.md) (partner)
- [Paragon Partners](https://endata.com/companies/18838.md) (acquirer)
- [KME SPECIAL](https://endata.com/companies/59855.md) (target)

## Sources

- [paragon.de](https://www.paragon.de/en/kme-special-enters-new-phase-of-growth-with-paragon-as-majority-shareholder/), 2021-12-21: "Paragon acquires a 55% stake in KME SPECIAL, the world leader in casting moulds and casting technologies for the global steel industry."

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