MBtech Acquires Autodie

MBtech Group, a leading global automotive engineering and consulting service provider, announced today that it has acquired the business of Autodie International Inc.
Autodie was founded in 1962 and is one of the top die manufacturers in the United States.
In the future the company will operate under the name MBtech Autodie LLC.
MBtech Autodie will continue to specialize in die manufacturing for automotive applications.
With this acquisition, the MBtech Group consequently expands its current product portfolio further along the automotive value chain.
MBtech Autodie will continue its work with U.S. carmakers as well as seeking additional OEM and Tier One customers in North America.
By acquiring Autodie MBtech Group increases its North American Revenue to 20%.
The MBtech Group is an international automotive engineering and consulting company, operating worldwide.
In 2005, the MBtech Group generated revenues of $241 million with 1,850 employees worldwide.