MOSCOW (MRC) -- K.D. Feddersen Holding has acquired German full service product development company M.TEC, for an undisclosed amount, as per Plasticsnewseurope.
The Hamburg-based K.D. Feddersen announced 6 July that the motivation behind the acquisition of Herzogenrath-based M.TEC was to "systematically expand its range of services and problem-solving competence by entering the field of knowledge-based services."
M.TEC was founded in 1991 as a spin-off of the IKV plastics processing institute at the RWTH Rheinwestfalische Technische Hochschule university as "a bridge between innovation and serial production".
M.TEC’s previous main shareholder, Dr Volker Gorzelitz, remains at M.TEC as managing director, to help the Feddersen group companies benefit from the acquisition in e.g. development of electro mobility and lightweight construction in plastics. M.TEC is, for example, a founding member company of the AZL Aachen Centre for Integrative Lightweight Construction at RWTH University.
Through the acquisition, M.TEC now gives the Feddersen Group companies – compounder Akro Plastic, compounding extruder producer Feddem and colour & functional additive masterbatch producer AF-Color – closer access to RWTH as a "university of excellence" and in particular to IKV, which claims to be the world’s leading plastics technology research and training institute.
M.TEC works closely on fluid assist injection moulding process Moldflow simulation and part design with fluid assist system specialist PMEfluidtec, which in turn works actively in the water assist injection area with the Feddersen compounds subsidiary Akro-Plastic. Other software tools used by M.TEC include AutoDesk, Cadmould and Moldex3D.
Aside from providing expertise on plastics materials behaviour, and processing, M.TEC is renowned for its extensive plastics materials data base.
The company’s presentation at the 29th biannual IKV Plastics Technology Colloquium in February/March 2018, was on a "revolutionary" digital simulation and calculation means to optimise minimise warping of plastic parts.
MRC