USK Karl Utz GmbH has been sold to Aumann AG
The private shareholders of USK Karl Utz Sondermaschinen GmbH (USK) have sold the company to Aumann AG. Financial details have not been disclosed.
USK is a renowned specialist in automation solutions. In 2016, the company achieved sales of almost US$80 million. With more than 300 employees, USK has decades of experience in manufacturing automation solutions for leading automotive OEM and tier 1 suppliers. The company also offers sophisticated special machines and production lines in the fields of electronics, renewable energies and medical technology.
Aumann is a world leading manufacturer of innovative special machines and automated production lines with a focus on e-mobility. The company combines unique winding technology for the highly efficient production of electric motors with decades of automation experience, especially in the automotive industry. Aumann provides solutions for serial production of purely electrical and hybrid vehicle drives. Together with USK's development, construction and assembly capacities, as well as its expertise in future technologies such as fuel cell production, Aumann expects a substantial growth boost in the e-mobility sector.
Oaklins' team in Germany acted as the exclusive advisor to the seller in this transaction.
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