Dymon Asia to acquire RAM SMAG Lifting Technologies from Salzgitter

Southeast Asia-focused private equity firm Dymon Asia is acquiring RAM SMAG Lifting Technologies Pte Ltd, the Singapore-based spreader manufacturer and unit of German lifting equipment maker Salzgitter Maschinenbau Group. The deal is expected to close by end of September 2022; financial terms were not disclosed.

“Southeast Asia-focused private equity firm Dymon Asia is buying German lifting equipment maker Salzgitter Maschinenbau Group’ (SMAG) Singapore unit RAM SMAG Lifting Technologies Pte Ltd, the companies said on Friday.”mnacritique.mergersindia.com

• 1 source
• mnacritique.mergersindia.comDymon Asia to buy German lifting equipment firm Salzgitter’s Singapore unit | M&A CritiqueAug 27, 2022

Summarized from public sources; check the original articles before acting on it.