DETTINGEN, GERMANY (Sept. 13, 8 p.m. ET) — ElringKlinger AG has acquired a 90 percent interest in the Hummel Group, based in Lenningen/Baden-Württemberg, Germany.
The purchase agreements were signed Sept. 10.
Alongside Hummel-Formen GmbH, the Hummel Group includes Hummel Kunststofftechnik GmbH and two subsidiaries in Romania.
Hummel-Formen GmbH specializes in the manufacture of large-scale molds for injection tools used in the production of plastic parts that are required primarily for engine-related applications.