# Jier Machine Tool Group acquires Maiteli Group

Jier Machine Tool Group (济南二机床集团) signed an agreement to acquire equity in Jinan Maiteli Group (济南迈特力集团) on April 2, 2022, to expand product structure and market presence in stamping solutions.

- Type: Acquisition
- Announced: 2022-04-02
- Where: Jinan, Shandong, China
- Status: announced
- Products: stamping press solutions, industrial machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Jier Machine Tool Group Co](https://endata.com/companies/17401.md)
- [Jier Machine Tool Group Co](https://endata.com/companies/17401.md) (acquirer)
- [Jinan Maiteli Group](https://endata.com/companies/62059.md) (target)
- [Pietro Carnaghi](https://endata.com/companies/62357.md) (partner)

## Sources

- [jiermt.com](https://www.jiermt.com/cmscontent/1908.html), 2022-04-02: "济南二机床基于产能规模、绿色制造和市场战略等三方面需要，收购迈特力集团股权。"
- [cncjcj.com](https://www.cncjcj.com/news/show-597.html), 2022-04-19: "济南二机床集团与意大利皮特—卡纳基股份公司签订合资合同，将联合制造高档精密数控立式车床、车铣复合加工中心。"

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