# BEUMER Minerals & Mining acquires 99% of FAM América Latina Maquinarias

BEUMER Minerals & Mining GmbH has acquired 99% of the shares of FAM América Latina Maquinarias Limitada from FAM GmbH for EUR 5,479,446, with FAM Anlagen-Service retaining 1%.

- Type: Acquisition
- Announced: 2022-08-16
- Where: Santiago, Chile
- Value: $5.60M (5.48M EUR)
- Status: completed
- Products: mining and material handling equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [FAM AB](https://endata.com/companies/2491.md) (partner)
- [BEUMER Minerals & Mining](https://endata.com/companies/64743.md) (acquirer)
- [FAM América Latina Maquinarias](https://endata.com/companies/64744.md) (target)

## Sources

- [dequienes.cl](https://dequienes.cl/diario-oficial/2022/08/16/fam-america-latina-maquinarias-limitada-77683790-3-2172310), 2022-08-16: "La sociedad FAM GmbH vendió, cedió y transfirió el 99% de los derechos sociales de la Sociedad, a BEUMER Minerals & Mining GmbH, a un precio único y total de €5.479.446 euros."

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