Toronto’s Macrodyne acquires German press manufacturer
Macrodyne Technologies Inc., a hydraulic press manufacturer, has acquired Dunkes GmbH, a German press manufacturer with experience in metal forming, straightening and joining technologies.
“Dunkes is a perfect fit to join the Macrodyne family of companies,” said Kevin Fernandes, president, and CEO for Macrodyne Technologies. “Their strong customer-focused culture, top-end technologies, and world-class customer base in Europe help both parties in terms of our international expansion plans”.
Together, the combined company plans to offer expertise in an extensive portfolio of hydraulic presses for a variety of applications, with pressing equipment ranging from 10 to 30,000 tons.
“We decided to have Dunkes grow through an acquisition because we believe that a larger organization will allow us to provide a wider array of products and more depth in specific markets,” said Rico Heinz, Dunkes GmbH CEO. “Macrodyne shares the same values we do. They exceeded our expectations for a company we can combine with. This new relationship will continue and improve the tradition we have for excellent service, and deep expertise that has created an environment our customers want to be a part of.”, complemented Heinz.