Danobat acquired a majority of the shares in Hembrug

Transaction
Danobat Group has acquired a majority of the shares in Hembrug Machine Tools. Rembrandt Mergers & Acquisitions advised the seller in realizing this transaction.

Hembrug Machine Tools
For over 50 years, Hembrug Machine Tools (B.V. Gereedschapswerktuigenindustrie Hembrug and Hemtech Machine Tools B.V.) designs, builds and sells the most accurate hard turning machines in the world under the Mikroturn® brand. Hembrug is located in Haarlem.

More information is available at: www.hembrug.com.

Danobat Group
DANOBAT is a benchmark manufacturer of high value-added solutions in the field of grinding, turning, cutting, punching, bending and automated production systems for composite structural components. DANOBAT is a subsidiary of the Spanish Mondragon Corporation - which is one of the largest in the world with its 70,000 employees.

More information is available at: www.danobatgroup.com.

Click here for the press release (Dutch).