Advised on Sale of CompanyIndustrials
Acquired 100% of Shares
The Otto Nussbaum GmbH & Co. KG, in Germany has acquired the Kemptener Maschinenfabrik GmbH, Kempten, Germany of the AGCO group. The Kemptener Maschinenfabrik GmbH manufactures hydraulic-cylinders, which are mainly used in agriculture engineering (mobile hydraulics). The AGCO group sold the plant in line with the concentration on core activities.
A manufacturer of hydraulic-cylinders, KMF was acquired from AGCO-FENDT more than 20 years ago for the production of hydraulic-cylinders. AGCO-FENDT is their major client.
Nussbaum is manufacturer of lifting platforms, which are mainly used in garages. Nussbaum is Germany´s market leader in this segment. With this acquisition, Nussbaum entered a new business area and gained with AGCO-FENDT a well-known client.
IMAP advised the AGCO group, has identified and spoken to potential partners as well as accompanied the seller in all phases.