A Strategic Milestone: Strengthening MFG's Position for the Future

As the automotive industry continues to evolve at pace, MAT Foundry Group is taking proactive steps to strengthen and focus our operations for long-term success. As part of this strategic journey, four of our German sites, Altenburg (PTR), Immenhausen (MME), Neunkirchen (MNK) and Uckermünde (MFE) have transitioned to new ownership under AEQUITA, an internationally active industrial group with a strong track record in automotive manufacturing and operations.

AEQUITA is an owner-managed industrial group headquartered in Munich, specialising in corporate spin-offs, succession, and transformation situations across Europe. With a solid capital base and deep operational expertise, AEQUITA takes a long-term, partnership-led approach to business. Their focus is on supporting companies through the next stage of development by offering both financial stability and hands-on guidance in areas such as sales, production and process improvement. Their experience in the automotive sector and respect for established operations make them a strong fit for the future of these four sites.

We are confident that the businesses and their teams will continue to thrive under AEQUITA’s stewardship, building on the strong foundations developed over many years as part of the MAT Foundry Group. This transition represents a continuation of the sites’ industrial success, now within a new structure focused on their specific future needs.

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This move also reflects our ambition to build a more focused, agile and resilient organisation. By streamlining our operations and concentrating our investment where we can have the greatest long-term impact, we are positioning ourselves to better withstand external market pressures and meet the evolving needs of our customers worldwide.

Whilst this transition supports the Group’s strategic direction and strengthens our focus for the future, it is not without a sense of sadness. We say goodbye to a number of highly valued colleagues, many of whom have been with us for decades. We would like to extend our sincere thanks to all the staff at PTR, MME, MNK and MFE for their outstanding commitment, professionalism and hard work over the years. Their contribution has helped shape the MAT Foundry Group, and we wish each and every one of them the very best for the future.

We also extend our best wishes to AEQUITA as they begin this new chapter. We are confident the sites are in capable hands and look forward to seeing them continue to succeed under their guidance.

Looking ahead, we remain fully committed to supporting our customers and delivering the high standards they expect. With a more focused structure, we are better equipped to respond to industry change, strengthen key areas of the business, and invest where it matters most.

MAT Foundry group are a leading manufacturer of grey and ductile iron car components. To learn more about us, view our products or contact us today.

To read how we're improving our environmental impact worldwide click here.

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