# HBT acquires 50% stake in Advantec Tunnel & Mining Solution

HBT GmbH acquired 50% of the shares in Advantec Tunnel & Mining Solution GmbH, a roadheader manufacturer based in Werne, Germany. The share purchase took effect on June 1, 2023.

- Type: Acquisition
- Announced: 2023-06-15
- Where: Werne, North Rhine-Westphalia, Germany
- Status: completed
- Products: roadheaders
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [HBT GmbH](https://endata.com/companies/70860.md) (acquirer)
- [Advantec Tunnel & Mining Solution GmbH](https://endata.com/companies/70861.md) (target)

## Sources

- [hbt-group.com](https://hbt-group.com/hbt-acquires-a-stake-in-advantec-tunnel-mining-solution-gmbh/), 2023-06-15: "HBT GmbH acquires 50% of the shares in the roadheader manufacturer from Werne, North Rhine-Westphalia."

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