# Groz-Beckert acquires TKM GmbH

Groz-Beckert KG has acquired 100% of TKM GmbH, a tool manufacturer for industrial cutting precision tools. The transaction is subject to antitrust review.

- Type: Acquisition
- Announced: 2022-10-11
- Where: Germany
- Status: announced
- Products: industrial cutting precision tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Groz-Beckert](https://endata.com/companies/65908.md) (acquirer)
- [TKM GmbH](https://endata.com/companies/65909.md) (target)

## Sources

- [ncf.de](https://www.ncf.de/en/transaktion/tkm-gmbh/), 2022-10-18: "The shareholders of TKM GmbH sell 100% of their shares to Groz-Beckert KG."
- [loy-cf.de](https://www.loy-cf.de/referenzen/groz-beckert/), 2022-10-26: "Groz-Beckert und TKM haben am 11. Oktober 2022 einen Vertrag zur Übernahme der TKM GmbH durch Groz-Beckert unterzeichnet."

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