At the start of the year, the Stertil Group acquired Beissbarth Automotive Testing Solutions. The workshop equipment developer and manufacturer now reports that it has entered into a “strategic partnership” in the wheel balancer and tyre changer segment.
Beissbarth Automotive Testing Solutions GmbH is taking over Beissbarth GmbH as a subsidiary of Stertil B.V., effective 1 January 2023. Most self-administration proceedings Beissbarth GmbH applied for in July 2022 are therefore complete. The parties have agreed not to disclose the purchase price.
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