# Lenbach Equity completes acquisition of Schaeffler's global chain drive business

Lenbach Equity Opportunities II GmbH & Co. KG, managed by DUBAG-Investment-Advisory-GmbH, completed the acquisition of Schaeffler's global chain drive business. The business will operate under the Catensys brand and includes nine sites with 560 employees.

- Type: Acquisition
- Announced: 2022-07-14
- Where: Germany
- Jobs: 560
- Status: completed
- Products: chain drive systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Schaeffler](https://endata.com/companies/2238.md) (target)
- [Lenbach Equity Opportunities II](https://endata.com/companies/64140.md) (acquirer)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/SCHAEFFLER-AG-24301176/news/Lenbach-Equity-Opportunities-II-GmbH-Co-KG-managed-by-DUBAG-Investment-Advisory-GmbH-completed-t-41760682/), 2022-07-13: "Lenbach Equity Opportunities II. GmbH & Co. KG managed by DUBAG-Investment-Advisory-GmbH completed the acquisition of Global Chain Drive Business of Schaeffler from Schaeffler AG on July 14, 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.