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Sells manufacturer for microwave and plasma systems to HQ Equita.
August 10, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
Meyer Burger Technology Ltd. announced the sale of Muegge GmbH, its microwave and plasma technology company headquartered in Reichelsheim, Germany, to the direct investment company HQ Equita. HQ Equita will acquire all of Muegge GmbH’s business division, including its subsidiary Gerling Applied Engineering Inc. based in Modesto CA, as well as its approximately 100 employees. This is subject to customary market conditions and must still be approved by the authorities in Germany. The tran...
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