The Hydraulik Nord GmbH Group, based in Parchim (Mecklenburg-Western Pomerania), has acquired KMF Kemptener Maschinenfabrik GmbH, Kempten (Bavaria) from Nußbaum Group. Hydraulik Nord and KMF develop and produce complementary hydraulic products.
With this acquisition, Hydraulik Nord strengthens its mobile hydraulics division and takes an important step towards becoming a system supplier for the agricultural machinery, construction and commercial vehicle industries.
With this sale, the Nußbaum Group is continuing its focus on automotive lifting platforms and parking systems.
The location in Kempten will continue and be further developed under the existing management.
IMAP prepared and completed the transaction on behalf of the sellers.
Last weekend, IMAP colleagues from all over the world were due to congregate in Denver, Colorado, for a conference planned for many months, where deals, learning, and friendships would be developed and shaped. Even a month ago when the difficult decision was made to cancel the event, none of us could have foreseen the speed and scale of events that have occurred since.
GRE Gauff Rail Engineering GmbH & Co. KG has been acquired by Dorsch Holding GmbH. With this acquisition, Dorsch expands the group's range of services in the railway sector.