Maag Enhances Global Petrochemical Operations by Acquiring Carter Day’s Pellet Dryer
MAAG Group today announced that it acquired certain assets on December 20, 2024 from Carter Day International, Inc.’s petrochemical division, which specializes in dewatering and drying equipment for the plastics industry.
The acquired drying technology will become part of MAAG’s product portfolio, providing additional high-capacity solutions in MAAG’s pelletizing systems. This addition of highly engineered products and proprietary technologies will enable MAAG to expand its market presence while providing efficient solutions to a wider range of customers’ needs. With production sites and service centers across Europe, the USA and Asia, MAAG’s global footprint will facilitate greater product availability and high-quality service for all customers worldwide.
“This acquisition adds a highly-complementary high capacity dryer technology to our existing product portfolio, further establishing ourselves as the go-to provider for efficient and effective solutions to meet our customers’ ever-growing needs.” said Ueli Thuerig, President of MAAG Group.
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