# Gimv acquires majority stake in SMG Sportplatzmaschinenbau

Investment company Gimv has acquired a majority stake in SMG Sportplatzmaschinenbau GmbH, a German manufacturer of sports field machinery. The transaction value was not disclosed.

- Type: Acquisition
- Announced: 2024-06-19
- Where: Vöhringen, Bavaria, Germany
- Status: announced
- Products: machinery for sports industry, artificial and hybrid turf machinery, athletics facilities machinery, tennis court machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Gimv](https://endata.com/companies/4203.md) (acquirer)
- [SMG Sportplatzmaschinenbau GmbH](https://endata.com/companies/78114.md) (target)

## Sources

- [goerg.de](https://www.goerg.de/en/insights/publications/19-06-2024/gorg-advises-shareholders-of-smg-sportplatzmaschinenbau-gmbh-on-the-acquisition-of-a-majority-stake-by-gimv), 2024-06-19: "The parties have agreed not to disclose the details of the transaction."

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