# Feintool International completes acquisition of Kienle + Spiess from Sumitomo

Feintool International Holding AG completed the acquisition of Kienle + Spiess GmbH from Sumitomo Corporation and Sumitomo Corporation Europe Limited on February 28, 2022.

- Type: Acquisition
- Announced: 2022-02-28
- Where: Germany
- Status: completed
- Products: automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Sumitomo Corporation Europe](https://endata.com/companies/5900.md) (partner)
- [Sumitomo Corporation](https://endata.com/companies/6281.md) (partner)
- [Feintool International Holding](https://endata.com/companies/59502.md) (acquirer)
- [Kienle + Spiess](https://endata.com/companies/59503.md) (target)

## Sources

- [ca.marketscreener.com](https://ca.marketscreener.com/quote/stock/SUMITOMO-CORPORATION-6491211/news/Feintool-International-Holding-AG-completed-the-acquisition-of-Kienle-Spiess-GmbH-from-Sumitomo-Co-40153343/), 2022-02-27: "Feintool International Holding AG completed the acquisition of Kienle + Spiess GmbH from Sumitomo Corporation and Sumitomo Corporation Europe Limited on February 28, 2022."
- [globenewswire.com](https://www.globenewswire.com/news-release/2022/03/01/2393813/0/en/Gratifying-annual-results-green-light-for-the-Kienle-Spiess-acquisition.html), 2022-03-01: "With the acquisition of the European Kienle + Spiess, Feintool is decisively strengthening its market position in the field of electrification as next-generation technology."

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