# MIB Industriebeteiligungen acquires PRO.EFF Group

MIB Industriebeteiligungen GmbH & Co. KG has acquired PRO.EFF GmbH, a special machine construction company based in Minden, Germany. The acquisition was announced on April 4, 2023.

- Type: Acquisition
- Announced: 2023-03-21
- Where: Minden, Germany
- Status: announced
- Products: test benches, cable twisting machines, assembly machines, grommet and tube assembly machines, chip carrier systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [MIB Industriebeteiligungen](https://endata.com/companies/7502.md) (acquirer)
- [PRO.EFF Group](https://endata.com/companies/69226.md) (target)

## Sources

- [mib-industriebeteiligungen.de](https://www.mib-industriebeteiligungen.de/en/unternehmen/aktuelles-presse/pro-eff-group-in-minden-under-new-management/), 2023-03-21: "In the more than 30 years I have been working for the company, I have established it as an innovative problem solver for industry."

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