Press release submitted on behalf of MAAG Group.
MAAG Group today announced that it acquired certain assets on December 20, 2024 from Carter Day International, Inc.’s petrochemical division, which specializes in dewatering and drying equipment for the plastics industry.
The acquired drying technology will become part of MAAG’s product portfolio, providing additional high-capacity solutions in MAAG’s pelletizing systems. This addition of highly engineered products and proprietary technologies will enable MAAG to expand its market presence while providing efficient solutions to a wider range of customers’ needs.
With production sites and service centers across Europe, the USA and Asia, MAAG’s global footprint will facilitate greater product availability and high-quality service for all customers worldwide.
“This acquisition adds a highly-complementary high capacity dryer technology to our existing product portfolio, further establishing ourselves as the go-to provider for efficient and effective solutions to meet our customers’ ever-growing needs.” said Ueli Thuerig, President of MAAG Group.
About the MAAG Group
The MAAG Group is a broadly diversified global solutions provider with integrated and customizable systems in process technology for the polymer, chemical and petrochemical industries. Its Pump & Filtration Systems, Pelletizing & Pulverizing Systems, Recycling Systems and Digitalization divisions consolidate the many years of experience and in-depth know-how of the AMN, AUTOMATIK, ETTLINGER, GALA, MAAG, REDUCTION, SCHEER, WITTE and XANTEC product brands. The MAAG Group currently employs over 1,250 people at production sites in Switzerland, Germany, Italy, France, the USA, and China. Additional sales and service centers in France, Taiwan, Malaysia, India, Thailand and Brazil ensure close attention to customers’ needs. For more information visit www.maag.com.
The MAAG Group is a business unit of Pumps & Process Solutions, a segment of the Dover Corporation.
About Dover
Dover is a diversified global manufacturer and solutions provider with an annual revenue of over $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of over 24,000 employees takes an ownership mindset, collaborating with customers to redefine what’s possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under “DOV.” Additional information is available at dovercorporation.com.
