Sunday, June 13, 2010

Major extrusion merger between Maag Pump Systems and Automatik Plastics Machinery

From PlasticToday.com: Maag is a leading supplier of gear pumps, filtration systems and screen changers, while Automatik is the leader in pelletizing systems for producing plastic pellets. Both companies will maintain their existing brand names for the time being, and their private equity owners will each hold a 50% stake in the combined firms.

Maag is based in Obrglatt, Switzerland, while Automatik calls Grossostheim, Germany its home. With their merger, the two join to create a force especially in the plastics extrusion market, with about 460 employees and a turnover of about €100 million. According to the companies, one major immediate benefit will be that the two, combined, nearly double their international presence to more than 100 countries.

To read the full aricle please click on the link below:

Major extrusion merger between Maag Pump Systems and Automatik Plastics Machinery

Yours,
Berlin Technologies

No comments: