Matsui Group has completed the acquisition of MO-DI-TEC, the French manufacturer of low-speed granulators based in Vienne (Isère). The purchase price was not disclosed in the sources.
MODITEC has designed and assembled its machines in France since 1981, serves plastics processors through more than 30 distributors on all continents, and has around 20,000 machines in operation worldwide. Following the transaction, the company keeps its brand, its team and its partners.
According to the source, Matsui described the deal as a strategic step in strengthening its organization for Europe, the Middle East and Africa, giving it a European manufacturing and engineering base. The source said the combined portfolio now runs from material handling, drying and conveying through to granulation and in-house recycling, with regrind produced cleanly at the machine and returned to production, in the spirit of factor4.