# ABC Technologies acquires Karl Etzel GmbH for USD 95 million

ABC Technologies Holdings has announced a definitive agreement to acquire Karl Etzel GmbH from the Schürrle family for approximately USD 95 million. The acquisition will introduce ABC's interior products division to Europe.

- Type: Acquisition
- Announced: 2022-01-21
- Where: Germany
- Value: $95.0M
- Status: announced
- Products: interior products for luxury automotive OEMs
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [ABC Technologies Holdings](https://endata.com/companies/60313.md) (acquirer)
- [Karl Etzel GmbH](https://endata.com/companies/60567.md) (target)

## Sources

- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5264179/abc-technologies-announces-acquisition-of-karl-etzel-gmbh-), 2022-01-25: "ABC Technologies Holdings announced a definitive agreement to acquire Karl Etzel GmbH from the Schürrle family for around USD95 million."

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