April 2008
Sale of stake in HPTec to China MinMetals
Hauck & Aufhäuser Investment Banking advised Totalec
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DescriptionSale of stake in HPTec to China MinMetals
Sector(s) : Industry and automotive
Date : April 2008
Advisor(s) : Hauck & Aufhäuser
Advised : Sell Side
Mid-Capital partner Hauck & Aufhäuser Investment Banking advised Totalec
Tolatec AG (Horb, Germany) has sold its shares in HPTec GmbH (Ravensburg, Germany) to China MinMetals Non-Ferrous Metals Co. Ltd. (Beijing, P.R. China).
Tolatec sold its stake in German based HPTec.
HPTec is a manufacturer of drills, routers and cutters.
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