# Schunk Group acquires majority of MS Ultrasonic Technology Group

Schunk Group acquired a majority stake in MS Ultrasonic Technology Group (UTG), a provider of ultrasonic welding solutions for plastics, to expand its portfolio into plastic welding.

- Type: Acquisition
- Announced: 2024-07-03
- Where: Spaichingen, Germany, Germany
- Status: completed
- Products: ultrasonic welding machines for plastics
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Schunk](https://endata.com/companies/17637.md) (acquirer)
- [MS Ultrasonic Technology Group](https://endata.com/companies/78409.md) (target)

## Sources

- [schunk-group.com](https://www.schunk-group.com/de/presse/news/schunk-group-erwirbt-mehrheit-an-ms-ultrasonic-technology-group~n43959), 2024-07-03: "Die Schunk Group hat die Mehrheit an der MS Ultrasonic Technology Group (UTG) erworben."

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