Announced
Completed
Financials
Tags
Czechia
Acquisition
Cross Border
Minority
Private
Completed
Single Bidder
control systems
mobile hydraulics
Electronic Equipment: Control and Filter
Friendly
Synopsis
Hainzl, an Austrian family enterprise that specializes in automation technology, process technology, completed the acquisition of a 50% stake in Technotrade, a specialist in the field of mobile hydraulics, electronics, control systems and electric machine drives. Financial terms were not disclosed. “I am convinced that our company has found the best partner for its future development and growth in joining forces with Hainzl. I also believe that thanks to our expertise, we will be a strong fit to the Hainzl company group,” Jakub Kejduš, Technotrade CEO.
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