Ontario's AarKel Tool buys assets of Mangas Tool and Die - Canadian Plastics
The financial terms of the deal have not been disclosed. “The acquisition of Mangas…expands [our] manufacturing footprint for services to our current and growing customer base in the tooling market with a presence in the southern U.S.,” AarKel officials said in a statement. Advertisment Mangas will now operate as Mangas, a division of AarKel Tooling and Engineering Inc. Aarkel and its new Mangas division has been, and will continue to be a strategic supplier of tooling to Pace Industries. The statement also said that AarKel is now “globally positioned with strategic full-service tool...
Source: canplastics.com