Extrusion International 4-2026

18 Extrusion International 4/2026 INDUSTRY NEWS Acquisition The MAAG Group announced that it has signed a de- finitive agreement to acquire Cloeren Incorporated, based in Orange, (Texas), USA. With this strategic ac- quisition, the Group is expanding its expertise in plastics processing and strengthening its position as a leading global provider of integrated system solutions for the polymer and plastics industry. Cloeren designs and manufactures high-performance, custom-designed extrusion slot dies and feedblocks pri- marily for polymer and plastics applications. The Company is based in Orange, TX, in close proximity to North Ameri- ca’s petrochemical and energy export hub, with addition- al manufacturing locations in Marshall, Texas/USA; Eau Claire, Wisconsin/USA; and Micheldorf, Austria. Cloeren is a global leader in the production of extrusion dies, with highly regarded technical capabilities and a blue- chip customer base. The acquisition adds complementary extrusion technologies to MAAG’s portfolio and expands its ability to serve customers with a broader, more com- plete solution across polymer processing applications. With Cloeren, MAAG Group is gaining a technologi- cally leading partner whose products, expertise, and track record of innovation perfectly complement our existing portfolio. By combining the expertise of both companies, the MAAG Group is laying the foundation for further sus- tainable growth and strengthening its development capa- bilities across the entire plastics processing value chain. Go- ing forward, customers will bene t from an even broader portfolio of solutions, greater process expertise, and an ex- panded range of technologies for demanding applications. Cloeren’s existing business operations will continue as usual. Customers and business partners will continue to bene t from the company’s proven products, services, and dedicated staff, as well as from the expanded resources and opportunities available within the MAAG Group. MAAG Group www.maag.com Ueli Thürig, President, MAAG Group: “Cloeren is a strong strategic t for MAAG and will further enhance our capabilities in extrusion applications. The addition of Cloeren’s technologies and engineering expertise expands our solutions offering and strengthens our ability to support customers with highly engineered, mission-critical equipment.” Setting the Course for the Future Dr. Christian Frank, General Manager at SIKORA GmbH, handed over operational responsibility as CEO to Alaad- din Aydin, also General Manager, effective July 1, 2026. With this step, SIKORA is ushering in the next phase of the company’s development while ensuring continuity and a timely, orderly succession. Going forward, Christian Frank will focus within the General Management on the strategic development of SIKORA, overseeing a smooth transition, and pursuing potential acquisitions and growth initiatives (M&A). “By arranging the succession early on, we are creating continuity and ensuring that SIKORA can consistently con- tinue on its successful path. At the same time, I am looking forward to focusing more strongly on the strategic devel- opment of the company and new growth opportunities in the near future,” says Christian Frank. Upon assuming the role of CEO, Alaaddin Aydin will take over all business areas previously led by Christian Frank – such as R&D, Operations, and Finance – and will be responsible for their further development. Holger Lieder, also a member of SIKORA’s General Management, will continue to retain responsibility for Sales, Service, Mar- keting, and Internal Services. “SIKORA has a strong team, a clear direction, and promis- ing future prospects in the eld of ‘Measurement & Control Systems,’” says Alaaddin Aydin, adding: “I look forward to shaping the next steps in our development together with the team and capitalizing on the opportunities that lie ahead.” SIKORA's management team; from left: Holger Lieder, Alaaddin Aydin, and Dr. Christian Frank – Christian Frank will hand over operational responsibility as CEO to Alaaddin Aydin effective July 1, 2026