Announced
Completed
Synopsis
Hertwich Engineering management team completed the acquisition of Hertwich Engineering, a global technology company specializing in eco-friendly and automated aluminum casthouse solutions, from SMS Group, a company that provides construction and mechanical engineering services for the metals industry. Financial terms were not disclosed. “The decisive factor that made the management takeover of Hertwich Engineering possible in the first place is the many years of trusting relationships with our business partners, for which I would like to express my sincere thanks at this point,” Gerold Keune, Hertwich Engineering CEO.
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