# Iecho Science and Technology to acquire German cutting solutions maker Aristo for EUR 3.7 million

Iecho Science and Technology, through its subsidiary Iecho Asia, plans to acquire Aristo Cutting Solutions from Bochmann Holding for EUR 3.7 million. Aristo, based in Hamburg, Germany, is a leading maker of large-format flatbed cutters.

- Type: Acquisition
- Announced: 2024-03-25
- Where: Hamburg, Germany
- Value: $4.00M (3.70M EUR)
- Status: announced
- Products: large-format flatbed cutters, high-precision measuring gear
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Iecho Science and Technology](https://endata.com/companies/76392.md) (acquirer)
- [Aristo Cutting Solutions](https://endata.com/companies/76393.md) (target)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/chinas-iecho-to-buy-german-intelligent-cutting-gear-maker-for-usd4-million), 2024-03-25: "Iecho's subsidiary Iecho Asia will buy Aristo Cutting Solutions from Bochmann Holding, the Hangzhou-based firm announced yesterday."

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