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MAAG Group acquires XanTec to strengthen digital capabilities
Source:Adsale Plastics Network    Editor:JK    Date:11.Sep.2020

MAAG Group has decided to strengthen its digital capabilities by acquiring Germany-based XanTec Steuerungs- und EDV Technik GmbH (“XanTec”).

 

XanTec plans, designs and manufactures advanced industrial control systems that are employed in production plants, pelletizing systems and extruders, thereby improving process control and machine intelligence to reduce cost and improve quality.


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MAAG Group to acquire XanTec to strengthen its digitalization capabilities.


“Thoughtfully applied digital technologies enable Maag to provide world-class intelligent, agile and competitive solutions to our customers. This acquisition fits perfectly with our strategy to strengthen our digital capabilities,” said Ueli Thuerig, President of the MAAG Group.

 

XanTec Managing Director, Hilger Schürmann, stated, “We are excited to partner with the MAAG Group and appreciate the recognition of XanTec’s solutions and technology. Digitalization is an important trend in our industry, even more so in today’s economic environment.”

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