Ueckermünder foundry in front of a new owner: Aequita wants to secure the future!

Ueckermünder foundry in front of a new owner: Aequita wants to secure the future!

Ueckermünde, Deutschland - In Ueckermünde, an important change is based on the foundry front. The traditional Ueckermünder iron foundry is about to change ownership, since the British Mat Foundry Group Ltd. Plant to sell your work to the German group Aequita. The deal could still take place in the second quarter of 2025, but first he has to pass the approval of the Federal Cartel Office, such as "https://www.nordkurier.de/regional/ueckermuende/loesung-fuer-giessesi-bahnt-sich-an-3646230"> Nordkurier reported.

The Ueckermünder foundry, which produces cast parts for the auto industry, has a long tradition. In 2010 the foundry went to the Mat Foundry Group. In the past, however, she had to defy the bankruptcy of the Sakthi Automotive Group that she previously operated. Today the approximately 300 employees in Ueckermünde look hopefully into the future. The CEO of MAT, Thomas Krosnar, confirms that the works fit well with Aquita, whose automotive sector is recorded annually over three billion euros and focuses on high-quality products.

The plan for the foundry

The takeover of Aquita could be seen as an excellent addition to your existing automotive sector. Aequita was founded in 2018 and is known for making investments in special situations. The investor sees great potential to increase the competitiveness of the foundry locations. In addition, the management of MAT should remain at the Ueckermünde location, which can ensure a certain continuity.

The foundry industry is a key industry in Germany that is indispensable for many industries. Cast parts can be found in cars, wind turbines and even in smartphones. According to Statista , the industry granted sales of around 17.9 billion euros in 2023, which is a record. Nevertheless, economic developments and high energy costs also have an impact on the foundry industry, which has been struggling with falling orders for four years.

The economic environment

Despite the challenges, the foundry industry remains a driving force in automotive and mechanical engineering. The large sales market in Germany shows that the industry remains stable, even if it is confronted with geopolitical uncertainties. The Ueckermünder foundry, which has over 200 employees, is known for their specialization in spher also and in the manufacture of safety -relevant components that are highly in demand by the automotive industry.

The upcoming takeover not only brings potential investments with it, but could also set the course for a positive future of the foundry at the Ueckermünde location. With Aquita behind it, the foundry could possibly react faster to the changing market needs and thus further consolidate its importance in the foundry industry.