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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Kinshofer acquires majority stake in HGT Hydraulikgreifer-Technologie · Endata

◂ Announcements

Oct 18, 2023ACQUISITIONGermany

Kinshofer acquires majority stake in HGT Hydraulikgreifer-Technologie

Kinshofer, a manufacturer of attachments for cranes and excavators, acquired a majority stake in HGT Hydraulikgreifer-Technologie, a specialist in material handling attachments. The merger agreement was signed.

Status

Announced

Productsattachments for cranes and excavatorsmaterial handling attachments for scrap and bulk materials

CompaniesKinshofer GmbH acquirer HGT Hydraulikgreifer-Technologie GmbH target

Sectors#Material Handling

“Die Übernahme von HGT ist für Kinshofer in zweierlei Hinsicht von Bedeutung: Erstens stärkt sie das Produktportfolio für den Materialumschlag und zweitens verbessert sie die Vertriebskanäle von Kinshofer.”baumaschinendienst.de

1 source
baumaschinendienst.deFusionierungsvertrag unterzeichnet - bd baumaschinendienstbd Redaktion, RedaktionOct 18, 2023

Summarized from public sources; check the original articles before acting on it.

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