# Parcom Capital acquires majority stake in MGG Group

Parcom Capital acquired a majority stake in MGG Group, a Dutch manufacturer of advanced aluminium sand-castings and sub-assemblies. MGG Group generates annual revenues of approximately €100 million.

- Type: Acquisition
- Announced: 2017-02-01
- Where: Netherlands
- Status: announced
- Products: aluminium sand-castings, sub-assemblies
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Parcom Capital](https://endata.com/companies/21877.md) (acquirer)
- [MGG Group](https://endata.com/companies/21878.md) (target)

## Sources

- [parcom.com](https://parcom.com/en/parcom-capital-acquires-mgg-group/), 2017-02-01: "The entrance of Parcom as our new majority shareholder gives MGG the opportunity to further invest in the expansion of our activities."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.