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.
Talk to the deal team
Related deals
IRT Technologies has been acquired by ETL Systems
IRT Technologies has been successfully acquired by ETL Systems, unlocking exciting opportunities for innovation and growth. This acquisition strengthens ETL’s satellite communications portfolio and expands its global presence, while allowing IRT Technologies to leverage ETL’s industry expertise and reach.
Learn moreSunlight Group has acquired a 51% stake in Lehmann Marine GmbH
Through its acquisition of a 51% stake in Lehmann Marine GmbH, Sunlight Group continues to strengthen its position in the growing energy solutions market, while expanding its portfolio of innovative technologies. With over 30 years of expertise in producing lead-acid and lithium-ion batteries, Sunlight Group has established itself as a leader in advanced battery technology.
Learn moreT BAILEY has been acquired by Saothair Capital Partners
Saothair Capital Partners has completed the acquisition of T BAILEY. This transaction will provide T BAILEY with the resources needed to continue delivering exceptional service to its customers and strengthen its position in the marketplace.
Learn more