# CMD signs agreement to acquire FAS Converting Machinery

CMD Corporation has signed an agreement to acquire FAS Converting Machinery AB, a Swedish company that develops and produces machinery for converting plastic film into bags on a roll. The acquisition is expected to be finalized by January 23rd.

- Type: Acquisition
- Announced: 2024-01-02
- Where: Arlöv, Sweden, Sweden
- Status: announced
- Products: machinery for converting plastic film into bags on a roll
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [CMD Corporation](https://endata.com/companies/74756.md) (acquirer)
- [FAS Converting Machinery](https://endata.com/companies/74757.md) (target)
- [FAS Converting Machinery Aktiebolag](https://endata.com/companies/75259.md) (target)
- [HAKI Safety AB](https://endata.com/companies/75260.md) (partner)

## Sources

- [cmd-corp.com](https://cmd-corp.com/cmd-signs-agreement-to-acquire-fas-converting-machinery/), 2024-01-02: "We are delighted to announce that we have signed an agreement to acquire FAS Converting Machinery AB!"
- [delphi.se](https://www.delphi.se/en/news/mergers-acquisitions/delphi-advisor-to-cmd-corporation-in-acquisition/), 2024-01-25: "Delphi has advised CMD Corporation in connection with the acquisition of all shares in FAS Converting Machinery Aktiebolag from HAKI Safety AB (publ.)."

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