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Mutares SE & Co. KGaA has completed the acquisition of 87.5% of BEW-Umformtechnik GmbH, a German manufacturer of highly stressed forgings, from Marigold Capital and minority shareholder Markus Schramek. BEW generates revenues of approximately EUR 55 million and employs around 160 people.
“BEW will be part of the Metals Group in the future and will create numerous synergies within the group, especially with PrimoTECS and Rasche Umformtechnik.”mutares.com
Summarized from public sources; check the original articles before acting on it.