# LKE Group acquires Someg Gherla to relocate production line from China to Romania

German logistics handling systems manufacturer LKE Group will purchase Romanian company Someg Gherla to relocate a production line from China to Cluj County, Romania, with a EUR 4.6 million loan from BCR.

- Type: Acquisition
- Announced: 2022-02-25
- Where: Cluj County, Romania, Romania
- Value: $5.20M (4.60M EUR)
- Status: announced
- Products: logistics handling systems
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [LKE Group](https://endata.com/companies/61282.md)
- [Someg Gherla](https://endata.com/companies/61283.md) (target)

## Sources

- [romania-insider.com](https://www.romania-insider.com/lke-relocates-factory-china-romania), 2022-02-25: "After many thorough searches, we chose to come to Someg Gherla, considering the matching of over 90% of the company's business profile, its resources, but also the growth potential it offers."

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