Taghleef Industries Acquires Applied Extrusion Technologies

Dr. Detlef Schuhmann, CEO of Ti Group commented that: “Under its current ownership and management, AET has steadily posted healthy financial returns year after year for the past few years and is now ready to strategically partner with a group that is expanding its global footprint. I am eager to bring together our respective skills and technology in order to deploy world class capabilities to best serve our customers, bringing them more solutions.”