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MAN sold its German subsidiary TAKRAF, the leading open cast mining and materials handling company, to VTC Group.
ICFG Hamburg advised the buyer in 2006.
MAN sold its German subsidiary TAKRAF, the leading open cast mining and materials handling company, to VTC Group.
Target Company Name Takraf GmbH
Deal Types
  • Mergers & Acquisitions
Target Country Germany
Buyer Name / MBO Team / MBI Team VTC Industrieholding
Buyer Country Germany
Transaction Description

MAN Group sells MAN TAKRAF (renamed TAKRAF GmbH), the leading open cast mining and materials handling technologies company, to VTC Industrieholding, Munich. TAKRAF obtained EUR122 million on sales in 2005.

Years later, TAKRAF became part of the Tenova Group.

Industry Sectors
  • Engineering and Machinery
ICFG Office Hamburg, Germany
ICFG Advisory ICFG Hamburg advised the buyer in 2006.

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