# Pfaff acquires 75% stake in Z-Automation from Z-Werkzeugbau

Pfaff Werkzeug- und Formenbau acquired a 75% stake in the Z-Automation business unit of Z-Werkzeugbau, forming Pfaff Automation GmbH, to combine expertise in automotive sealing systems and automation.

- Type: Acquisition
- Announced: 2023-01-09
- Where: Dornbirn, Austria, Austria
- Status: completed
- Products: automotive sealing systems, automation solutions
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Pfaff Werkzeug- und Formenbau](https://endata.com/companies/67759.md) (acquirer)
- [Z-Werkzeugbau](https://endata.com/companies/67760.md) (target)

## Sources

- [vn.at](https://www.vn.at/markt/2023/01/09/marktfuehrer-spannen-zusammen.vn), 2023-01-09: "Ab sofort arbeiten sie in einem neuen Unternehmen, das zu 75 Prozent der Pfaff Werkzeug- und Formenbau GmbH & Co. KG in Röthenbach (Allgäu) und zu 25 Prozent Z-Werkzeugbau gehört."

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