# 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.

- Type: Acquisition
- Announced: 2022-12-06
- Where: Großwallstadt, Bavaria, Germany
- Status: announced
- Products: battery cell holders
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [BMZ Group](https://endata.com/companies/19404.md) (acquirer)
- [Schütz Kunststofftechnik](https://endata.com/companies/67111.md) (target)

## Sources

- [truckandbusbuilder.com](https://truckandbusbuilder.com/article/2022/12/06/bmz-announces-investment-in-battery-cell-holder-maker-schutz), 2022-12-06: "BMZ Group has announced it has made a strategic investment in metal and plastic processor, Schütz Kunststofftechnik GmbH."

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