Maag Pump Systems AG

Merger of Maag Pump Systems and Automatik Plastics Machinery

Switzerland-based Maag Pump Systems AG is merging with Germany-based Automatik Plastics Machinery GmbH. This means the formation of the worldwide leading group for systems and components for manufacturing and processing plastics.

Oberglatt/Grossostheim, June 7th 2010 – Through the merger, Maag Pump Systems and Automatik Plastics Machinery will decisively reinforce their market position with round 460 employees and a turnover of about 100 m euros. On-site presence is being nearly doubled and now comprises over 100 countries. The group is thus is an ideal position for serving its customers across the globe.
Maag Pump Systems is one of the largest providers worldwide for gear pumps, filtration systems and screen changers for the plastics industry, as well as for chemical and industrial processes. Automatik Plastics Machinery is the leader in pelletising systems for manufacturing plastic pellets. Both companies will appear on the market under their existing brand names for the time being. The new group is headed by Ueli Thürig, the CEO of Maag Pump Systems AG.
"With the merger, we can offer customers high-quality components and complete, integrated systems for plastic processing. We are thus becoming the largest provider in this segment worldwide", explained Ueli Thürig. The new group is planning to increase current turnover by more than 50 percent by 2012. This is supposed to be achieved primarily thanks to a new, customer-oriented business model. The key markets should to be optimally covered with customer-specific solutions, quicker service and focussed engineering.
"We've been working together on projects for different customers for many years. The merger is a logical consequence of the complementary product ranges of the two companies", explained Roger Stehr, CEO of Automatik Holding. In coming weeks, integration projects will be carried out in both companies. The objective is to be able to serve the customer better. These projects will not result in employee cutbacks. To the contrary, the staff is even supposed to be expanded in individual regions.
The production plant in Grossostheim will also serve in the future as a central location for the installation of complete systems, repairs and services. "The location in Germany is ideal, since many of our OEM partners for plastic processing also have their headquarters here. Now we can offer them complete system integration consisting of gear pumps, screen changers, pelletising systems and automation units from a single source", explained Roger Stehr. The four other production locations in Switzerland, Italy, the USA and China are also remaining in operation. Assembly is supposed to be further expanded in Shanghai due to the great potential of the Chinese market. Moreover, the group is present at another five locations with its own branches and worldwide with agencies in over 100 countries.
The previous investment companies are remaining holders of the new group, each with a 50 percent share. Automatik Plastics Machinery has belonged to the Private Equity Organisation CGS Management in Pfäffikon (Switzerland) since November 2008. Maag Pump Systems has been a part of the Private Equity section of Scotland-based Clyde Blowers since the end of 2008.