Ettlinger announced that they have been acquired by the Swiss Company Maag, a business unit of Dover Corporation.
Maag and Ettlinger with their combined expertise, innovative products and advanced technologies will leverage the polymer, compounding and recycling industry. Ettlinger will benefit from Maag’s global network and will be able to strengthen its worldwide service and support.
Source: Ettlinger Kunststoffmaschinen GmbH
Both companies will go to the market under their existing brand names. Ueli Thuerig, President of Maag, will head the combined business.
“Maag’s strong sales and service channel will provide us a greater penetration into new markets and will allow us to provide excellent local support to our existing customers,” says Volker Neuber, CEO of Ettlinger.
In the coming weeks, Ettlinger and Maag will be focused on seamlessly integrating their teams, to better serve their customers through vertically integrated product offerings and services.