# SAMAG Machine Tools acquired by Wei Wang, 40 jobs cut

SAMAG Machine Tools GmbH, a Thuringian machine tool manufacturer, has been acquired by Austrian investor Wei Wang. The deal secures the Saalfeld site but eliminates about 40 of the 90 jobs.

- Type: Acquisition
- Announced: 2025-06-22
- Where: Saalfeld/Saale, Thuringia, Germany
- Jobs: -40
- Status: announced
- Products: machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [SAMAG Machine Tools GmbH](https://endata.com/companies/46377.md) (target)
- [Wei Wang](https://endata.com/companies/85507.md) (acquirer)

## Sources

- [thueringen24.de](https://www.thueringen24.de/thueringen/article300523396/thueringen-unternehmen-samag-investor-jobs-gerettet.html), 2025-06-22: "Die Investorenlösung sichert dem Standort nicht nur eine Zukunft, sondern auch den Zugang zu einem wichtigen, neuen Absatzmarkt."

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