08,03,2026 1 views
Oberglatt, Switzerland, July 28, 2026- MAAG Group officially announced today that,The final acquisition agreement has been signedAcquiring Cloeren Incorporated, headquartered in Orange, Texas, USA. This strategic acquisition will broaden the group's technological landscape in the field of plastic processing and consolidate MAAG Group's position asTop supplier of integrated system solutions for the global polymer and plastic industryThe industry status.
Technological complementarity, consolidating the foundation of growth
Cloeren IncorporatedFocus on designing and customizing high-performance extrusion flat die heads and co extrusion for productionallocatorThe product is mainly used forPolymer and plastic processing fieldThe company's headquarters is located in Orange, Texas, adjacent to the core hub of North American petrochemical and energy exports; At the same time, there are three production bases located in Marshall, Texas, Eau Claire, Wisconsin, and Micheldorf, Austria.
Cloeren Company isLeading enterprise in the global extrusion die fieldWe have professional technical strength that is widely recognized by the industry, and our cooperative customers are all top quality enterprises in the global industry. This acquisition will supplement MAAG Group's product matrix with complementary extrusion technology, enhancing the group's ability to provide customers withCovering the entire process of polymer processing and providing a more complete set of solutionsService capability.
Ueli Thuerig, President of MAAG Group, stated:
Cloeren and our company are highly aligned at the strategic level and will further strengthen our comprehensive strength in the field of extrusion process applications. After introducing Cloeren's technical reserves and engineering research and development capabilities, our product service system will be expanded, and we will be able to better provide customers with high-precision and critical process equipment to ensure the core operation of the production line. ”
After absorbing Cloeren, a technology leading partner, its product line, professional technical accumulation, and innovative research and development experience will complement the existing business of MAAG Group perfectly. By integrating the technological advantages of two companies, MAAG Group will lay a solid foundation for long-term sustainable growth,Enhance the R&D iteration capability of the entire plastic processing industry chainIn the future, customers will receiveMore diverse range of solutions and deeper technical support for processes, andDiversified technology selection suitable for harsh production conditions.
Independent operation, sharing global resources and opportunities
Cloeren's existing global business will beMaintain normal independent operationIn addition to sustainably enjoying Cloeren's mature and stable products, supporting services, and exclusive team support, customers and partners can also share the MAAG GroupA vast global resource platform and new business opportunities.
Peter Cloeren, President of Cloeren, stated:
We are very much looking forward to officially joining the MAAG Group family. Both companies adhere to the same business philosophy: deeply cultivating top-notch technology research and development, always putting customer needs at the core. By integrating the advantageous resources of both parties, we will create more added value for global customers, tap into new market potential, and accelerate the development and implementation of innovative solutions
