Merger for equipment manufacturers

Maag Pump Systems, Swiss provider of gear pumps, filtration systems and screenchangers, and Automatik Plastics Machinery, German manufacturer of pelletizing systems, have announced their merger. The new 460-employee group will implement development plans to increase current turnover, with a market presence in over 100 countries, by more than 50% within 2012.
The Automatik Plastics Machinery facilities in Grossostheim will become the group headquarters for complete system installation, maintenance and services without affecting the Maag Pump Systems locations in Switzerland, Italy, China and United States. Moreover, both companies will keep their existing brands for the time being.