Schneeberger Holding AG has acquired A. Mannesmann Maschinenfabrik
Schneeberger Holding AG, a leading manufacturer of industrial tools and machinery components, has acquired A. Mannesmann Maschinenfabrik GmbH. Financial details have not been disclosed.
Schneeberger Holding AG is one of the leading companies in the field of linear technology. Schneeberger serves original equipment to manufacturers (OEM) operating in various industries worldwide, from machine tool, solar technology and semiconductor technology to electrical engineering and medical engineering, among others. Linear bearings, profiled linear guide ways, measuring systems, gear racks, slides, positioning systems and mineral casting are all part of Schneeberger's product portfolio and manufacturing range. The company was founded in 1923 and is headquartered in Roggwil, Switzerland. With 800 employees and production facilities in Switzerland, Germany, Czech Republic and China, Schneeberger generated sales of US$170 million in 2016.
Founded in 1796, A. Mannesmann Maschinenfabrik GmbH is a manufacturer of high performance ball screws, boring spindle assemblies and telescopic ball screws. With 150 employees, a production area of 9,000 m2 and worldwide customers in the mechanical engineering business, the company generated sales of US$21.3 million in 2016.
Oaklins' team in Switzerland advised the buyer throughout the acquisition process.
Talk to the deal team
Related deals
East Metal has been acquired by management and private investors
The Latvia-based metalworking company East Metal has been acquired from its former Danish owner, East Metal Holding, through a management buy-out (MBO) by a group of private investors, the current owners of Valpro, in partnership with the local management team. Financing for the transaction was provided by Signet Bank.
Learn moreQuantum Base Holdings plc has completed its official admission to AIM
Quantum Base began trading on the London Stock Exchange’s AIM market under the ticker QUBE following a US$6.4 million (£4.8 million) fundraising round. The company develops Q-ID tags, a quantum-based authentication technology designed to prevent counterfeiting by leveraging atomic-level randomness. Proceeds from the listing will fund product development and commercial expansion, including new operational and commercial hires.
Learn moreHe-Man Dual Controls has been acquired by Lagercrantz UK Limited
Lagercrantz UK Limited has acquired 100% of the shares in HM Holding Limited (He-Man Dual Controls), a leader in supplemental control systems for vehicles.
Learn more