Announced
Synopsis
Schmitz Cargobull, a manufacturer of semi-trailers, trailers and truck bodies, agreed to acquire a 49% stake in Berger Fahrzeugtechnik, a specialist in lightweight vehicles. Financial terms were not disclosed. “The cooperation with Schmitz Cargobull is a win-win situation for both sides. As a specialist for premium light construction vehicles, we at Berger Fahrzeugtechnik are already active throughout Europe in a very focused segment and enable our customers to achieve cost- and resource-efficient transport through payload optimisation. Through the partnership with Schmitz Cargobull, we will have the opportunity to make BergerEcotrail even more widely known and marketed in the future. The use of the Schmitz Cargobull network in particular opens up a multitude of new opportunities in product, service and market development,” Gerhard Berger, Berger Fahrzeugtechnik Owner.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.