# EBNER Group acquires majority stake in Hazelett Strip-Casting

EBNER Group, headquartered in Leonding, Austria, acquired a majority interest in Hazelett Strip-Casting Corporation of Colchester, Vermont. Financial terms were not disclosed. The deal was announced on January 8, 2022.

- Type: Acquisition
- Announced: 2022-01-08
- Where: Colchester, Vermont, United States
- Status: completed
- Products: continuous casting machines, thermal processing furnaces
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Hazelett Strip-Casting](https://endata.com/companies/32613.md) (target)
- [MINO SpA](https://endata.com/companies/32614.md) (investor)
- [MINO SpA](https://endata.com/companies/32614.md) (partner)
- [EBNER Group](https://endata.com/companies/38020.md) (acquirer)

## Sources

- [vermontbiz.com](https://vermontbiz.com/news/2022/january/08/hazelett-strip-casting-acquired-austrian-firm), 2022-01-08: "As family-owned businesses, Hazelett and EBNER have the freedom to take a longer view; one that encourages investment in research and development, building long-term relationships, and preserving our environment."
- [ebner.cc](https://www.ebner.cc/en/news-2022-01-08-hazelett-joins-ebner-group), 2022-01-10: "Hazelett Strip-Casting Corporation of Colchester, Vermont USA has become a member of the EBNER GROUP, headquartered in Leonding, Austria, through the acquisition by EBNER of a majority interest in Hazelett."
- [sevendaysvt.com](https://www.sevendaysvt.com/news/colchester-manufacturer-hazelett-strip-casting-is-sold-to-an-austrian-company-34694704/), 2022-01-17: "This new partnership with EBNER will just enhance our ability to stay at the cutting edge."
- [ebnergroup.cc](https://ebnergroup.cc/en/hazelett-joins-ebner-group), 2022-02-08: "Hazelett Strip-Casting Corporation of Colchester, Vermont USA has become a member of the EBNER GROUP, headquartered in Leonding, Austria, through the acquisition by EBNER of a majority interest in Hazelett."

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