# Hatz enters joint venture with Berylls Group for Hatz Components

Motorenfabrik Hatz entered into a joint venture with Berylls Group GmbH, with Berylls taking a majority stake in Hatz Components GmbH through a capital increase. Motorenfabrik Hatz remains a minority shareholder.

- Type: Partnership
- Announced: 2023-05-22
- Where: Germany
- Status: completed
- Products: connecting rods, crankshafts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Motorenfabrik Hatz](https://endata.com/companies/70609.md) (partner)
- [Berylls Group](https://endata.com/companies/70610.md) (partner)
- [Hatz Components](https://endata.com/companies/70611.md) (partner)

## Sources

- [compactequip.com](https://compactequip.com/engines/hatz-enters-joint-venture-for-component-production-with-berylls-group/), 2023-06-01: "As of May 22, Motorenfabrik Hatz has entered into a joint venture with Berylls Group GmbH, advised by Berylls Equity Partners GmbH."

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