Buy-and-build, Performance improvement
Eurotech Group is a manufacturer of complex, high-precision aluminium sand casting parts and assemblies with locations in the Netherlands, the Czech Republic, and Germany, with clients in the medical, robotics, heating, and energy industries.
FIELDS took a majority stake in October 2013 and collaborated closely with management on the development of Eurotech. In this period, revenues more than double to €73M while our EBITDA increased fivefold.
In 2018, Eurotech Group was sold to MGG Group, a market leader in the area of high-precision and complex aluminium sand and low-pressure sand casting in Europe. The acquisition of Eurotech Group fits perfectly with the expansion strategy of MGG.
CEO Eurotech Group
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