Mavag AG finds a Global Partner
Neunkirch, January, 2008 - Hans Stalder, President of Mavag AG, a leading supplier of highly engineered critical equipment for the pharmaceutical, fine chemical and biotech industries, has secured itd future with a new global partner. Scherrer AG has sold 100 % of its holding in Mavag to GMM-Pfaudler Ltd. in Mumbai, India.
GMM - Pfaudler Ltd. is India's leading manufacturer of glass lined equipment and other chemical process equipment in exotic metals.
With more international customers increasing their investments in the Asien markets such as India and China, Mavag's products and technologies will now have access to these growing markets. Swiss technology and engineering at Mavag complemented by the large manufacturing and marketing resource available at GMM provide very good market chances.
GMM - Pfaudler Ltd. based in Mumbai, India, is a subsidiary of USA based Robbins & Myers Inc. in Dayton, Ohio, USA. Some Mavag products, which in the past have been supplied only in the European market, will now be made available to US customers also.
Mavag AG will continue to manufacture these products like filtration equipment, dryers, fermenters and magnetic agitators at the plant in Neunkirch with the same personal and management. Marketing, sales and engineering will in the future act in a global market.
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