FPE Group

MCE Holdings, via its 50%-owned joint venture Eagle MCE, is acquiring an 80% stake in FPE, a plastic injection and tooling fabrication company, for RM1.9 million initial purchase and RM2.775 million capital injection. The acquisition is expected to be completed by 4QFY26.

FPE Group, a Danish investment firm, has acquired MC Uldall Maskinfabrik, a maker-to-order manufacturer specializing in high-precision stainless steel machining, strengthening FPE Group's industrial portfolio.