# Techniks Tool Group merges with Eppinger Group

Techniks Tool Group has merged with Eppinger Group, a manufacturer of driven and static tools for CNC lathes and precision gear and gearboxes. The combined businesses will be named Eppinger Technologies.

- Type: Acquisition
- Announced: 2023-05-25
- Where: Denkendorf, Baden-Württemberg, Germany
- Status: completed
- Products: driven and static tools for CNC lathes, precision gear and gearboxes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Techniks Tool Group](https://endata.com/companies/37147.md)
- [Z Capital Partners](https://endata.com/companies/22892.md) (investor)
- [Techniks Tool Group](https://endata.com/companies/37147.md) (acquirer)
- [Eppinger Group](https://endata.com/companies/69346.md) (target)

## Sources

- [canadianmetalworking.com](https://www.canadianmetalworking.com/canadianmetalworking/news/metalworking/techniks-tool-group-merges-with-eppinger-group), 2023-05-25: "This transaction enhances our global positioning and provides us a broader platform, expanded manufacturing and distribution channels, and a wider customer set from which to grow."
- [nextgentooling.com](https://www.nextgentooling.com/news/zcg-backed-techniks-tool-group-acquires-eppinger-group-to-create-global-leading-tooling-solutions-provider), 2023-06-28: "This transaction will enhance our global positioning and provide us with a broader platform, expanded manufacturing and distribution channels, and a wider customer set from which to grow."

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