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Announced

Completed

MGS completed the acquisition of Technolution.

Synopsis

MGS, a provider of integrated manufacturing solutions for complex, high-precision plastic components for Healthcare and Pharma applications, completed the acquisition of Technolution, a consultancy and development company within Pharma and MedTech. Financial terms were not disclosed. "We are happy to have found the right partner in MGS, with whom we look forward to continuing our growth journey. We have felt in both professional and safe hands with the Clearwater International team. They have helped us highlight the right nuances for our business during the process. At the same time, Clearwater demonstrated a good understanding of our business culture and the way we run the business, both of which we cherish and have been key for us throughout the whole process." Thomas Bach Agerslev, Technolution CEO and Managing Partner.

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