CSG Group acquires CNC plant manufacturer MAKA Systems

Chinese listed company CSG Smart Science & Technology has acquired MAKA Systems, a German developer and producer of CNC special machines for wood, aluminum and plastics processing. The purchase agreement was signed on August 23, 2018, with closing expected by the end of October 2018. The purchase price was not disclosed.

“CSG will accompany MAKA Systems into the next phase of growth.”euwid-wood-products.com

• 2 sources
• euwid-wood-products.comChinese CSG Group has bought MAKA SystemsEUWID, Gernsbach, GermanyOct 11, 2018
• fordaq.comChinese investor acquires German MAKA Systems | Fordaq News | FordaqOct 11, 2018

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