# Kinshofer acquires majority stake in HGT

Kinshofer GmbH acquired a majority stake in German company HGT Hydraulikgreifer-Technologie GmbH, as announced on October 12, 2023.

- Type: Acquisition
- Announced: 2023-05-13
- Where: Germany
- Status: announced
- Products: hydraulic grippers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Kinshofer GmbH](https://endata.com/companies/24220.md) (acquirer)
- [HGT Hydraulikgreifer-Technologie GmbH](https://endata.com/companies/70263.md) (target)

## Sources

- [kinshofer.com](https://www.kinshofer.com/de/home/news), 2023-05-13: "Die Kinshofer GmbH aus Deutschland und das in Deutschland ansässige Unternehmen HGT Hydraulikgreifer-Technologie GmbH haben heute bekannt gegeben, dass sie einen Fusionierungsvertrag unterzeichnet haben."

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