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- DMC® Acquires MCD-Tools GmbH to Establish DMC Europe GmbH
DMC® Acquires MCD-Tools GmbH to Establish DMC Europe GmbH
Slice of Manufacturing Team
July 08, 2024
Key Highlights:
DMC® successfully acquires MCD-Tools GmbH, creating DMC Europe GmbH.
Enhanced service and lead times for European aerospace, defense, and rail markets.
Commitment to quality and pricing reinforced by local DMC support.
Erik Francoforte: “Strategic move aligns with our global commitment.”
Source (PR Newswire)
Notable Quote:
"This strategic move aligns with our commitment to providing world-class tooling solutions to our customers globally. By combining our strengths, and nurturing MCD-Tools' established relationships, we are well-positioned to exceed the expectations of our European customers and further solidify our position as a leader in the mil-spec tooling industry."
Our Take:
The acquisition of MCD-Tools GmbH by Daniels Manufacturing Corporation (DMC®) marks a significant strategic expansion for DMC, reinforcing its dedication to the European market. Establishing DMC Europe GmbH not only allows for improved service delivery and lead times but also emphasizes DMC’s commitment to offering competitive pricing and localized technical support. This move is poised to strengthen customer relationships and bolster DMC’s presence across key industries such as aerospace, defense, and rail. The integration of MCD-Tools' expertise will undoubtedly enhance DMC's capability to meet the rigorous demands of its European clientele, ensuring continued leadership in the mil-spec tooling industry.