Maag Group announced its acquisition May 2 of French tool manufacturer AMN DPI. With this latest acquisition, Maag said it has taken the next step on the path towards its aim of becoming an globally-positioned integrated supplier for systems in the plastics industry through a strategy of consistent growth through acquisition.
AMN, a French company founded in 1979 in Normandy, is a developer and manufacturer of polymer pelletizing dies and die plates. It acquisition brings a wide range of know-how to Maag in both the processing and the extrusion and recycling industries, as well expertise in biodegradable highly filled recycling materials. AMN is primarily active in the European market.
Maag President Ueli Thürig said that the acquisition represented a further step towards even greater customer centricity.
“Toolmaking for granulators and systems can now be carried out completely in-house. This increases the availability and delivery reliability of Maag products, and production times are reduced," he said.
AMN's die plate production also increases Maag's service thanks to increased support options for continuous operation at the customer's site.
Maag is part of Dover Corp. that currently employs over 1,100 people at production sites in Switzerland, Germany, Italy, the U.S. and China. It also has sales and service centers in France, Malaysia, India, Thailand and Brazil.