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GERMANY - Süddeutsche Beteiligung acquires Schwäbische

Mareen Goebel
30 September 2008

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Die Süddeutsche Beteiligung GmbH has acquired Schwäbische Werkzeugmaschinen GmbH from EMAG Holding GmbH for an undisclosed sum. EMAG will continue to hold a 30% stake.

Schramberg-Waldmössingen-based Schwäbische Werkzeugmaschinen GmbH manufactures tool systems for a range of industrial uses. The company employs 320 staff and expects to achieve turnover in excess of EUR 125m for the current financial year.

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