CMD Corporation Acquires FAS Converting Machinery

CMD Corporation Acquires FAS Converting Machinery

January 25, 2024 Off By Sebastian Reisig

CMD Corporation, a leading capital equipment manufacturer in the film converting and alternative energy markets, has successfully acquired FAS Converting Machinery, a global manufacturer of machinery for plastic film converting, located in Arlöv, Sweden. The acquisition of FAS Converting Machinery is a significant step forward for CMD as it aims to enhance the company’s ability to serve its customers by expanding its geographic reach and offerings. Alignment of the two market leaders will amplify their capabilities, innovation, and service.

“We are extremely excited to welcome the FAS Converting Machinery team to the CMD family,” said Hans Bachmeier, CMD President. “FAS Converting Machinery has built a strong reputation for providing high-quality converting machinery, and their expertise will be a valuable addition to our team as we continue to grow. CMD and FAS fit well together, as many of our products, customers, and suppliers are in sync.” Aldijana Mehanovic, who currently serves as Managing Director for FAS Converting, will continue to oversee its operations.

“The alignment of our businesses and products, along with our shared knowledge of film converting, is only going to facilitate more innovation and help us to position our customers for more efficiencies and greater success,” said Aldijana Mehanovic, FAS Converting Managing Director. ” We are excited not only about the opportunities this will present for our customers but also for our team members.”