Published
MPM Sold to U.S. Investment Co.
Mannesmann Plastics Machinery (MPM) GmbH in Munich, Germany, the world’s largest maker of plastics and rubber processing machinery, is being purchased by Madison Capital Partners, a Chicago investment group, together with MPM managers.
Mannesmann Plastics Machinery (MPM) GmbH in Munich, Germany, the world’s largest maker of plastics and rubber processing machinery, is being purchased by Madison Capital Partners, a Chicago investment group, together with MPM managers. MPM has four independent injection molding and extrusion machinery operations: Krauss-Maffei, Demag Plastics Group, Netstal, and Berstorff. MPM is in the final stages of the sale of its French Billion injection machinery company to its management.
Madison Capital Partners also owns thermoforming equipment maker Brown Machine LLC, Beaverton, Mich., and Epco Machinery, a plastics machine remanufacturer in Fremont, Ohio.