# AEQUITA acquires three businesses from Salzgitter Maschinenbau AG

AEQUITA SE & Co. KGaA entered a definitive agreement to acquire three businesses from Salzgitter Maschinenbau AG: PEINER SMAG Lifting Technologies, mobile drilling and mining solutions, and mobile antenna masts. The businesses generate about EUR 130 million in turnover with 850 employees.

- Type: Acquisition
- Announced: 2023-11-28
- Where: Salzgitter, Germany, Germany
- Jobs: 850
- Status: announced
- Products: bulk handling grabs, mobile drilling and mining solutions, mobile antenna masts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [TMD Friction](https://endata.com/companies/51168.md) (target)
- [Nisshinbo Holdings Inc.](https://endata.com/companies/52382.md) (partner)
- [AEQUITA SE & Co. KGaA](https://endata.com/companies/59971.md) (acquirer)
- [Salzgitter Maschinenbau](https://endata.com/companies/63864.md) (target)
- [PEINER SMAG Lifting Technologies GmbH](https://endata.com/companies/74138.md) (target)
- [NORDMEYER SMAG Mining & Drilling Technologies GmbH](https://endata.com/companies/74139.md) (target)
- [SMAG Mobile Antenna Masts GmbH](https://endata.com/companies/74140.md) (target)
- [Nifco Germany GmbH](https://endata.com/companies/74778.md) (target)
- [Nifco KTW America Cooperation](https://endata.com/companies/74779.md) (target)
- [Nifco Inc.](https://endata.com/companies/74780.md) (partner)

## Sources

- [eqs-news.com](https://www.eqs-news.com/news/corporate/aequita-acquires-three-businesses-from-salzgitter-maschinenbau-ag/e640e6d8-48ac-4b66-89c7-2dc4750e7c5d), 2023-11-28: "These businesses offer robust foundations for thriving under the AEQUITA banner, aligning seamlessly with our existing portfolio."
- [marketscreener.com](https://www.marketscreener.com/quote/stock/NISSHINBO-HOLDINGS-INC-6491185/news/AEQUITA-SE-Co-KGaA-completed-the-acquisition-of-TMD-Friction-Group-S-A-from-Nisshinbo-Holdings-In-45505052/), 2023-11-29: "AEQUITA SE & Co KGaA completed the acquisition of TMD Friction Group S.A. from Nisshinbo Holdings Inc. on November 30, 2023."
- [smag.de](https://www.smag.de/news/blog-post-title-two-t5my5-k4xmd-67jzh-czhxc-7sf9w-4men4-8jxzs-lytkn-5e2t8-3nsst), 2023-12-01: "AEQUITA SE & Co. KGaA, a global industrial group and financial investor headquartered in Munich, has reached an agreement with the Executive Board of SMAG to acquire the three companies of Salzgitter Maschinenbau AG (SMAG)."
- [marketscreener.com](https://www.marketscreener.com/quote/stock/NIFCO-INC-6491811/news/AEQUITA-SE-Co-KGaA-entered-into-preliminary-agreement-to-acquire-Nifco-Germany-Gmbh-Nifco-KTW-Amer-45676091/), 2024-01-03: "AEQUITA SE & Co KGaA entered into preliminary agreement to acquire Nifco Germany Gmbh and Nifco KTW America Cooperation from Nifco Inc."

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