Mentha Capital has sold its stake in Union to HerkulesGroup
Mentha Capital, an independent private equity firm in the Benelux, has sold, together and jointly with the majority shareholder, its stake in the Union Group to HerkulesGroup. Union is the oldest machine-tool manufacturer in Germany. The company focuses on drilling mills as well as machining centers.
At production facilities in Germany, USA, China, and India, the HerkulesGroup companies manufacture heavy-duty machine tools for grinding, turning, texturing and milling applications.
Mentha Capital was a minority shareholder in Union since December 2006.