# Aumund Foundation becomes new owner of Aumund Group companies

The Aumund Foundation, created in 2019, has become the new owner of the AUMUND Group companies, including AUMUND Fördertechnik, SCHADE Lagertechnik, SAMSON Materials Handling, and others, following the passing of proprietor Franz-Walter Aumund in February 2023.

- Type: Acquisition
- Announced: 2023-06-20
- Where: Germany
- Status: completed
- Products: conveying equipment, storage equipment, materials handling equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [AUMUND Group](https://endata.com/companies/19416.md) (target)
- [Aumund Foundation](https://endata.com/companies/70929.md) (acquirer)

## Sources

- [worldcement.com](https://www.worldcement.com/europe-cis/20062023/aumund-foundation-to-be-new-owner-of-aumund-group-companies/), 2023-06-20: "The Aumund Foundation, created in 2019, is the new owner of the AUMUND Group, and supports not only international school and vocational education projects, but also focuses specifically on international humanitarian ventures, especially in the area of medicine."

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