Dutech Holdings Limited (SGX:CZ4) entered into an agreement to acquire Krauth Technology GmbH from Nussbaum Technologie-Holding GmbH & Co. KG for €0.2 million on December 22, 2015. On completion, Krauth will become a subsidiary of Dutech Holdings. The transaction is expected to close on January 1, 2016. Karl Fesenmeyer, Christoph Kloberdanz and Lisa Haug of IMAP M&A Consultants AG acted as financial advisors to Nussbaum Technologie-Holding GmbH & Co. KG. Ernst & Young acted as financial advisor to Dutech Holdings.

Dutech Holdings Limited (SGX:CZ4) completed the acquisition of Krauth Technology GmbH from Nussbaum Technologie-Holding GmbH & Co. KG on January 6, 2016.