Caption: (From left to right:) Bettina Steuber (CFO of PSG) and Udo Fuchslocher (CEO of PSG), together with Guntram Meusburger (CEO of Meusburger), are looking forward to a successful partnership. Picture credits: Picture (Frederick Sams)
Austrian standard parts manufacturer, Meusburger, has acquired hot runner specialist PSG Plastic Service GmbH.
PSG, which has approximately 200 employees across its manufacturing sites in Germany and China, will continue to operate independently as an established brand within the Meusburger Group.
“We are pleased to welcome the employees of PSG in the Meusburger family,” commented Guntram Meusburger, Managing Director.
”With the takeover we have taken on board a strong partner with many years of experience in hot runner and control systems.”
PSG says the takeover by Meusburger secures a long-term future for the company. Its turnover in 2015 was around 27 million Euros.
“Like PSG, Meusburger has been a powerful partner for companies in the industry for more than 50 years. Together, we will continue to grow successfully and expand our range of products and services as a reliable partner for die and mould making,” Meusburger added.