Parcom Capital‘s Dutch aluminium products business MGG has bolted on Eurotech.
Eurotech also manufactures aluminium products and operates in the Netherlands, the Czech Republic, and Germany.
Parcom acquired a majority stake in MGG in February 2017. The Eurotech bolt-on is the second under the firm’s hold. MGG acquired Austria-based CSA Herzogenburg in December.
Based in Tegelen in the east of the Netherlands, MGG makes aluminium components for clients in the automotive and heating and air conditioning industries.