family to family

Austrian standard parts manufacturer takes over the German hot runner specialist

Felix Hoch and Stefan Constantin have – together with our team – advised the shareholders of hot runner specialist PSG Plastic Service GmbH on their sale of shares to Austrian family owned company Meusburger Georg GmbH & Co. KG.

This transaction is another example for succession planning for a mid-market family owned company. The former owners sell a successful supplier to the injection molding industry and well-known German hot runner specialist to a leading manufacturer of high-precision, high-quality standard parts and is, like PSG, a family company with a long tradition. Meusburger will expand their range of products and services as a reliable partner for die and mould making, PSG will continue to operate as an independent enterprise, and all members of staff are taken over. We are proud to have a share in this solution, which is a win-win situation for all parties.

Please find the press release by following this link.

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