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Maag acquires French tool maker AMN

Maag acquires French tool maker AMN

Diversified global solutions provider with integrated and customisable systems in process technology for the polymer, chemical, petrochemical, pharmaceutical and food industries, Maag Group has acquired French tool manufacturer AMN DPI (AMN), which has innovations such as the Tungsten Carbide Cutting Face (TCT) or the Bimetallic Knife (BMS). Terms were not disclosed.

Maag adds this acquisition is in line with it continuing its path as an integrated supplier for systems in the plastics industry from extruder tip.

Based in Port-Jérôme Sur Seine, Normandy, and founded in 1979, AMN, a developer and manufacturer of polymer pelletising dies and die plates, brings a wide range of know-how to the Maag for both the processing and the extrusion and recycling industries. The company that has expertise also in biodegradable, highly filled recycling materials concentrates its activities primarily on the European market.

Ueli Thürig, President of the Maag Group, comments: "For us, the acquisition is a consistent 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."

AMN's die plate production also increases Maag's service thanks to increased support options for continuous operation at the customer's site.

Maag Group currently employs over 1,100 people at production sites in Switzerland, Germany, Italy, the US, and China, with additional sales and service centres in France, Malaysia, India, Thailand and Brazil.

(PRA)


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