Switzerland-based manufactuerer of gear pumps, pelletizing systems, and filtration systems, Maag, has acquired US-based Gala Industries, Inc.
Gala is a leading manufacturer of underwater pelletizing systems, centrifugal pellet dryers and process solutions for the plastics industry.
Maag says the addition of Gala’s innovative products will further enhance its strong position in underwater pelletizers and centrifugal dryers and globally position the combined company as a leading provider of equipment for the polymer and compounding industry.
Both companies will go to the market under their existing brand names, which include Maag Pump Systems, Automatik Pelletizing Systems and Gala Industries. The combined business will be headed by Ueli Thuerig, President of Maag.
“It is exciting to consider the breadth of customer solutions that will result from leveraging the products and strengths of Maag and Gala,” commented Thuerig. “Optimal market coverage will be provided with customer specific solutions, quick service and focused engineering.”
David E. Bryan, CEO of Gala Industries, Inc., added: “Maag and Gala fit perfectly together. This is a unique opportunity to expand our suite of services, create enhanced professional opportunities and increase our geographic reach which will further enhance our profitability.”
In the coming weeks, Maag and Gala will reporetedly focus on integrating their teams to “better serve their customers through vertically integrated product offerings and services.”