Maag adds on Reduction Engineering to portfolio

Switzerland-based Maag has increased its presence with the acquisition of US-based Reduction Engineering Scheer Industries, Inc. Reduction brings a new line of complementary products to Maag such as pulverisers and strand pelletisers, supporting such applications as glass filled polymer. Maag also acquired Gala Industries, which makes underwater pelletisers, centrifugal pallet dryers and related equipment, in October this year. http://www.plasticsandrubberasia.com/oct2015/machinery4.html

Maag says this acquisition solidifies its position as a top global solutions provider of equipment for the polymer and compounding industry. It is a manufacturer of gear pumps, pelletising systems, and filtration systems for demanding applications in the plastics, chemical, and petrochemical industries. In particular, Reduction’s pulveriser products and patented technology are an exciting addition for Maag and will serve as an inroad to new customers, especially within the rotomoulding branches of the plastics production industry.

Both companies will appear on the market under their existing brand names. The new group is headed by Ueli Thuerig, President of Maag. “This is an exciting time for Maag and our customers. With the acquisition of Reduction Engineering Scheer, Maag will be able to offer our global customers a broad range of pelletisers and pulverisers as well as an expanded global sales and after sales support network,” explains Ueli Thuerig.

Bob Sly, President of Reduction Engineering Scheer Industries, added, “The merging of Maag and Reduction/Scheer creates growth opportunities for our employees and creates an environment for new ideas to emerge to benefit our customer.”

Maag and Reduction Engineering Scheer teams, will analyse and discuss how they can serve customers better as a seamlessly integrated organisation. Maag manufactures in Switzerland, Germany, Italy, US and China, with additional sales offices in France, Singapore, Taiwan, Malaysia, India and Brazil. Reduction Engineering Scheer Industries has production facilities in the US, Germany and China. The combined businesses of Maag and Reduction Engineering Scheer will have a wide geographical coverage worldwide, say the firms.

Maag Pump, based in Oberglatt, Switzerland, is owned by public-listed Dover Corp. Dover is a diversified global manufacturer with annual revenues of approximately US$7 billion and has four major operating segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment.