Schmid Group

Activity by year

2017201820192020202120222023202420252026

AcquisitionPartnershipNew facility

May 19, 2020NEW FACILITYDammam, Saudi Arabiaops 2021
Nusaned and SCHMID Group to build redox-flow battery gigafactory in Saudi Arabia
Nusaned Investment and SCHMID Group formed a joint venture to build a 3 GWh vanadium redox-flow battery factory in Dammam, Saudi Arabia, with production planned to start in 2021.
Schmid Group partner Nusaned Investment partner #Power Generation Equipment solarmagazine.nl
Oct 1, 2018PARTNERSHIPFreudenstat, Germany, Germany
Schmid and Avaco form joint venture for vacuum processing systems
Schmid and Avaco have signed a deal to form a joint venture to address increasing need for high-volume vacuum processing in electronics manufacturing.
Schmid Group partner Avaco partner #Semiconductors and Industrial Electronics pcdandf.com
Jun 14, 2017ACQUISITIONFreudenstadt, Germany
Rantum Capital acquires Montratec from Schmid Group
Rantum Capital has acquired the industrial automation division Montratec from Schmid Group. Schmid Group will retain a minority stake in the new company. This is the first investment from Cedarlake Private Equity Fund I.
Rantum Capital acquirer Montratec target Schmid Group partner #Automation and Robotics #Industrial Machinery unquote.com

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