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Hengerda New Materials Co., Ltd. from Fujian, China, has acquired SMS Maschinenbau GmbH, a German manufacturer of profile and thread grinding machines based in Tailfingen, Albstadt. The purchase agreement was signed on May 8, 2025, and all 74 employees will be retained.
Chinese investor Hengerda New Materials (Fujian) Co., Ltd. acquired the business and all 74 employees of German machine builder SMS Maschinenbau, which had filed for insolvency.