AUCTUS Capital Partners to invest in BMA Braunschweigische Maschinenbauanstalt from Salzgitter Maschinenbau.

AUCTUS Capital Partners, a private equity firm, agreed to invest in BMA Braunschweigische Maschinenbauanstalt, a mechanical engineering company, from Salzgitter Maschinenbau, a material handling machinery and lifting equipment company. Financial terms were not disclosed. “We see BMA as a long-established yet innovative technology leader. Together with the BMA management, staff and customers, we are planning to develop its market position based on these strengths. We are delighted that Dr Manfred Puhlmann will continue in his role as Chairman of the Supervisory Board, and in his commitment for BMA. And we look forward to a trusting relationship with the management and the whole team at BMA,” Nicolas Himmelmann, AUCTUS Partner.