MGS, a Germantown, Wisconsin-based molder, moldmaker and automation provider, has acquired Knudsen Plast A/S, a Denmark-based injection molder with more than 40 years of dedicated healthcare manufacturing experience.
Source: MGS
Gaining Knudsen Plast’s operations in Denmark and Slovakia enhances MGS’ ability to support customer needs across Europe with expanded cleanroom capacity, deep injection molding expertise and greater proximity to fast-growing regional supply chains, according to a release.
“This acquisition is beneficial for both MGS and Knudsen Plast customers,” says Paul Manley, president and CEO of MGS. “MGS benefits from Knudsen Plast’s highly respected technical expertise, strong quality systems and a commitment to delivering innovations that improve lives. At the same time, Knudsen Plast customers benefit from MGS’ vertically integrated solutions across design and development, tooling, automation and manufacturing. Together, we are better positioned to help leading healthcare innovators accelerate development, strengthen supply chains and scale production with confidence.”
Soren Nielsen, managing director of Knudsen Plast Slovakia, notes that the combined companies will bring greater value to to pharma, diagnostic and medtech companies in Central and Eastern Europe, while expanding opportunities for employee growth.
Expanding Existing European Footprint
This is not MGS’ first acquisition in Denmark. In 2021, it acquired tooling manufacturer Formteknik, with operations in Roskilde, Denmark; Anderstorp, Sweden; and Dortmund, Germany. Two years later, MGS acquired Danish health care tooling manufacturer Winther Mould as well as design and engineering firm Technolution A/S.
With its latest deal, MGS now employs 1,600 team members across 13 global facilities.