# Active Capital Company becomes major shareholder of SCHUMAG AG

Investment company Active Capital Company (ACC) acquired shares worth 4.5 million euros in Schumag AG through a capital increase in November 2023, and will purchase additional shares for 0.8 million euros, becoming the largest shareholder with 37.3% of shares. The funds will be used for investments in a future-proof machine park.

- Type: Acquisition
- Announced: 2023-12-14
- Where: Aachen, Germany
- Value: $5.80M (5.30M EUR)
- Status: announced
- Products: precision machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Active Capital Company](https://endata.com/companies/21133.md) (acquirer)
- [Schumag AG](https://endata.com/companies/74458.md) (target)

## Sources

- [schumag.de](https://www.schumag.de/active-capital-company-announces-acquisition-of-stake-in-schumag-ag-and-strategic-partnership-with-existing-shareholders/), 2023-12-15: "Die Beteiligungsgesellschaft Active Capital Company (ACC) hat Ende November 2023 im Zuge einer Kapitalerhöhung Anteile im Wert von 4,5 Millionen Euro an der Schumag AG, Aachen, erworben."

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