Magnesium Technologies - Ownership and Business Overview

MachineryCompany

Magnesium Technologies Ownership

Who owns Magnesium Technologies?

Magnesium Technologies is owned by Opta Group. It was acquired on February 15, 2006.

Magnesium Technologies Business Overview

Where is Magnesium Technologies headquartered?

Magnesium Technologies is headquartered in Independence, Ohio.

How many employees does Magnesium Technologies have?

Magnesium Technologies has 70 employees.

What sector is Magnesium Technologies in?

Magnesium Technologies is a machinery company.

When was Magnesium Technologies founded?

Magnesium Technologies was founded in 1952.

Machinery M&A Summary in 2006

Out of 60 sectors in the Mergr database, machinery ranked 11 in number of deals in 2006. The largest machinery acquisition in 2006 was IMC International Metalworking Companies B.V. - which was acquired by Berkshire Hathaway for $5.0B.

Join Mergr to view all 128 acquisitions of machinery companies in 2006, including 40 acquisitions by private equity firms, and 88 by strategics.

Magnesium Technologies Corp.

4807 Rockside Road Suite 400,
Independence, Ohio 44131
United States,
(330) 659-3003

Magnesium Technologies Corp. produces and sells desulphurization systems and products, which are produced to the specific requirements of each customer that it services within both the Canadian and United States steel industries. MagTech operates its main production facility in Walkerton, Indiana and maintains a sales and head office in Richfield,


Company Summary

SECTOR

Machinery

Revenue

29   2005
(millions of USD)

Employees

70

Established

1952

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