# Dymon Asia to buy RAM SMAG Lifting Technologies from Salzgitter Maschinenbau

Southeast Asia-focused private equity firm Dymon Asia is acquiring RAM SMAG Lifting Technologies Pte Ltd, the Singapore unit of German lifting equipment maker Salzgitter Maschinenbau Group, for an undisclosed sum.

- Type: Acquisition
- Announced: 2022-10-26
- Where: Singapore, Singapore
- Status: announced
- Products: spreaders for shipping container handling equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Salzgitter Maschinenbau](https://endata.com/companies/63864.md) (partner)
- [Dymon Asia](https://endata.com/companies/64962.md) (acquirer)
- [RAM SMAG Lifting Technologies Pte Ltd](https://endata.com/companies/66107.md) (target)

## Sources

- [dymonasiaprivateequity.com](https://www.dymonasiaprivateequity.com/news/dymon-asia-to-buy-german-lifting-equipment-firm-salzgitters-singapore-unit/), 2022-10-26: "The acquisition marks Singapore-based Dymon Asia's first cross-regional transaction since its establishment in 2012."

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