# BEUMER Group acquires FAM GmbH

BEUMER Group, based in Beckum, Germany, has taken over fellow German company FAM GmbH, a major supplier of conveyor systems and loading technology, with closing expected by end of May 2022.

- Type: Acquisition
- Announced: 2022-05-03
- Where: Magdeburg, Germany, Germany
- Status: announced
- Products: conveyor systems, loading technology, bulk material handling systems
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [FAM AB](https://endata.com/companies/2491.md) (target)
- [BEUMER Group](https://endata.com/companies/5700.md) (acquirer)

## Sources

- [im-mining.com](https://im-mining.com/2022/05/03/the-in-pit-crushing-conveying-market-consolidates-again-as-beumer-agrees-to-buy-fam-in-magdeburg/), 2022-05-03: "The BEUMER Group, based in Beckum, Germany, a leading international manufacturer of intralogistics systems... has taken over fellow German company FAM GmbH, Magdeburg, a major supplier of conveyor systems and loading technology."
- [drybulkmagazine.com](https://www.drybulkmagazine.com/material-handling/09052022/beumer-group-acquires-fam-gmbh/), 2022-05-09: "This significantly strengthens the BEUMER Group’s market position in the large equipment sector as well."
- [beumergroup.com](https://www.beumergroup.com/press/beumer-group-acquires-full-control-of-the-fam-group-of-magdeburg/), 2022-06-13: "The purchase agreement was signed in early May and legally concluded on June 9, 2022."
- [worldcement.com](https://www.worldcement.com/europe-cis/14062022/beumer-group-acquires-full-control-of-the-fam-group-of-magdeburg/), 2022-06-14: "The purchase agreement was signed in early May and legally concluded on June 9, 2022."

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