# CERTINA GROUP acquires Feintool Technologie AG

CERTINA GROUP signed an agreement on 11 May 2023 to acquire Feintool Technologie AG and its subsidiaries in the USA and China from Feintool International Holding AG. Feintool will retain a 15% minority stake and collaborate on hydrogen technologies.

- Type: Acquisition
- Announced: 2023-05-11
- Where: Lyss, Rapperswil-Jona (Switzerland); Cincinnati (USA); Shanghai (China), Switzerland
- Status: announced
- Products: press and tool systems for fineblanking and forming
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Feintool International Holding](https://endata.com/companies/59502.md)
- [CERTINA](https://endata.com/companies/5373.md) (acquirer)
- [Feintool Technologie AG](https://endata.com/companies/70246.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2023/05/12/2667506/0/en/Feintool-divests-capital-goods-business.html), 2023-05-12: "The sale of the capital goods business enables us to concentrate on and further develop our core competencies in the field of technological processes fineblanking, forming and electrolamination stamping."
- [globenewswire.com](https://www.globenewswire.com/news-release/2023/05/12/2667506/0/en/feintool-divests-capital-goods-business.html), 2023-05-12: "The sale of the capital goods business enables us to concentrate on and further develop our core competencies in the field of technological processes fineblanking, forming and electrolamination stamping."
- [thecfigroup.com](https://www.thecfigroup.com/transactions/feintool-has-completed-a-carve-out-and-sale-of-its-fine-blanking-machine-business-to-certina-group/), 2023-07-19: "The sale of the capital goods business enables us to concentrate on and further develop our core competencies in the field of technological processes fine blanking, forming and electro-lamination stamping."

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