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BMZ Group takes majority stake in Schütz Kunststofftechnik · Endata

◂ Announcements

Dec 6, 2022ACQUISITIONGroßwallstadt, Bavaria, Germany

BMZ Group takes majority stake in Schütz Kunststofftechnik

BMZ Group, a battery manufacturer, announced a strategic investment by taking a majority shareholding in Schütz Kunststofftechnik GmbH, a metal and plastic processor that produces battery cell holders for BMZ.

Status

Announced

Productsbattery cell holders

CompaniesBMZ Group acquirer Schütz Kunststofftechnik target

Sectors#Automotive Components

“BMZ Group has announced it has made a strategic investment in metal and plastic processor, Schütz Kunststofftechnik GmbH.”truckandbusbuilder.com

1 source
truckandbusbuilder.comBMZ announces investment in battery cell holder maker, SchützLuke WillettsDec 6, 2022

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

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Dec 26, 2018CONTRACT$1.00B
Samsung SDI to supply battery cells worth nearly USD1 billion to BMZ Group
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Nov 16, 2018ACQUISITIONFrankfurt, Germany
BMZ Group acquires TerraE Holding
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