Anderson Group Acquires Monforts for Expanding Business to Global Aerospace Processing Industry

The board of directors of Anderson Group has made an agreement to acquire Monforts, a well-known German metal processing machines producer. This agreement demonstrates the aim of the Group at expanding business to the global aerospace and automotive metal parts processing markets.

Through acquiring the 130-year-old German brand and its excellent technology, Anderson can establish further business contact with world leading aerospace and automotive suppliers, as well as broaden the portfolio of its current product lines and application markets, which can help it gain more high-end technology and world-class customers.

Anderson Group manufacturing CNC 5-spindle complex materials processing machines and PCB machines has begun its operation for several years with sales and operations throughout the world such as China, USA, Brazil, Europe, Australia, etc. This acquisition can be a positive support that strengthens the position of the Group in the global precision machine markets.