Invest and Raiffeisen Invest-backed MWS Group completed the acquisition of an assets of MGG Herzogenburg.

Invest and Raiffeisen Invest-backed MWS Group, specializing in sand casting, chill casting, and machining services, completed the acquisition of the assets of MGG Herzogenburg, a traditional die-casting foundry that has specialized in the production of complex aluminum castings using the low-pressure die-casting process. Financial terms were not disclosed. “The takeover of MGG Herzogenburg offers us the opportunity to further expand our technological know-how and consolidate our market position. By integrating it into the MWS Group, we can secure jobs at the site and create the necessary synergies to lead the company into a successful future,” Markus Kieberger, MWS Niederdruckguss Managing Partner.