Announced

Completed

TDJ completed the acquisition of Teamtechnik Production.

Synopsis

TDJ, an investment company, completed the acquisition of Teamtechnik Production, a manufacturer of innovative assembling lines and testing parts and components for the automotive industry. Financial terms were not disclosed. "We are convinced that we are handing our Polish plants into good hands - to a family business with over 40 years of tradition. This comfort will allow us to focus on the further development of Automotive EOL Test and MedTech sectors. At the same time, we will remain minority shareholder of the Polish Teamtechnik, and will continue to conduct joint business projects," Stefan Rosskopf, Teamtechnik MA President and Owner.

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