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Formteknik Group

MGS Manufacturing acquires the Formteknik Group

 

Case

MGS Manufacturing acquires the Formteknik Group

US-based MGS Manufacturing has acquired the Formteknik Group.

The Formteknik Group is a European leader in innovative tooling solutions with operations in Denmark, Sweden and Germany. The group specializes in molds and high volume systems for the medico and consumer packaging industries.

MGS Manufacturing is a global provider of sophisticated tooling, molding and automation solutions. The service offering includes intelligent, integrated manufacturing solutions from early product development to production and industrial automation technology to global customers in the healthcare, packaging, consumer goods and automotive industries.

MGS Manufacturing employs more than 1,500 employees and is present at 14 locations worldwide.

Accura advised MGS Manufacturing in connection with the transaction.