Loading…
Feintool International Holding AG completed the acquisition of Kienle + Spiess GmbH from Sumitomo Corporation and Sumitomo Corporation Europe Limited on February 28, 2022.
Feintool signed an agreement to acquire Kienle + Spiess, a supplier of rotors and stators for electric motors, to strengthen its position in electric sheet stamping. The deal is subject to regulatory approval.