New partner for allmineral

Schmidt Kranz Group acquire majority stake in allmineral GmbH as part of growing expansion strategy

SCHMIDT Kranz Group have acquired 75% of the shares in allmineral, as the globally active mechanical engineering firm continues to seek new opportunities for growth and substantial synergies.

‘Schmidt Kranz Group’s involvement is a further expression of our consistent, internationally-oriented market strategy,’ explained Dr Heribert Breuer (pictured).

‘The international market for ore and coal processing, which is our core business, has grown considerably over the last few years. Now that an established company such as Schmidt Kranz Group has joined us, we will be able to offer our clients even more qualified expertise and enter into new markets.’

Schmidt Kranz Group have a number of subsidiaries around the world, manufacturing and supplying crushers, mining vehicles, tunnel-boring machines and high-pressure hydraulic products. The allmineral acquisition was made possible by previous shareholders, Klösters und Ackermans, who transferred their shares to the Velbert-based company.