VT Industrial Technology Co., Ltd. has acquired 100% of Ebmeyer Werkzeugbau GmbH, enhancing its European market presence and aligning with its global expansion strategy.

Target Information

VT Industrial Technology Co., Ltd., a publicly traded technology company based in Wuxi, China, has successfully acquired 100% of the shares of Ebmeyer Werkzeugbau GmbH. This acquisition is part of VT Industries' global expansion strategy and is expected to significantly enhance its presence in Europe. With a workforce of approximately 800 employees, VT Industrial Technology specializes in the design, research and development, manufacturing, and distribution of stamping products, primarily targeting the automotive sector.

Ebmeyer Werkzeugbau GmbH, founded in 1971 by Wolfgang Ebmeyer in Isselhorst, has established itself as a dependable partner and manufacturer of forming tools over the past 50 years. Based in Gütersloh, the company has grown to nearly 70 employees and specializes in the development and production of forming tools for the automotive industry, thereby aligning perfectly with VT Industrial Technology's business objectives.

Industry Overview

The manufacturing sector in Germany, particularly the automotive industry, is renowned for its innovation and engineering excellence. Germany remains one of the leading automotive markets globally, with a stro