Pump Solutions Group (PSG) to Acquire the Swiss Maag Group

From Pumps & Systems Magazine: Pump Solutions Group (PSG), a business unit within the Engineered Systems segment of Dover Corporation, announced today it has signed a definitive agreement to acquire the Maag Group headquartered in Zurich, Switzerland. The acquisition includes Maag Pump Systems, Automatik® Pelletizing Systems and Maag Filtration Systems.

The Maag Group will operate as a business unit within PSG, seeking to provide enhanced customer value and shareholder return by leveraging the synergies of the businesses. Maag posted 2011 revenue of approximately $170 million. The transaction is subject to customary regulatory approvals, and is expected to close around the end of the first quarter of 2012. Terms of the transaction were not disclosed.

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Dover’s PSG to Acquire the Maag Group

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Berlin Technologies: Supplying the best pumps to Israeli Industrial companies

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.

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Major extrusion merger between Maag Pump Systems and Automatik Plastics Machinery

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Berlin Technologies