Mergers & Acquisitions18.01.2021Cologne News
Oppenhoff advises MGS Manufacturing on the acquisition of Formteknik
US-based MGS Manufacturing, Inc. has acquired the entire share capital of FT Holding AB and the Formteknik group of companies in Sweden, Denmark and Germany. Oppenhoff advised MGS on the German part of the transaction.
MGS is a provider of vertically integrated manufacturing solutions for complex, high-precision plastic components. The company is thus a single-source supplier in Europe of tooling, molding, and automation capabilities to global customers in healthcare, automotive, packaging, and consumer industries.
The Formteknik group of companies are European leaders in innovative tooling solutions, with operations in Denmark, Sweden, and Germany.
The Oppenhoff team led by Myriam Baars-Schilling included Sebastian Gutmann (both M&A), Annabelle Marceau, Alexandra Groth (both labor law) and Marco Degginger (Commercial/IT).