Jakob Müller Group (JMG), a global leader in narrow fabric weaving machinery, today announced the acquisition of 100% of the shares of MEI International, effective January 1, 2025. With a history spanning over 50 years, MEI is a renowned Italian manufacturer of wide label weaving machines. This strategic acquisition combines the strengths of two industry pioneers, creating a comprehensive portfolio of solutions for woven label production.
Key benefits of the acquisition:
- Comprehensive product portfolio: Customers gain access to a wider range of label weaving machines, catering to diverse production needs.
- Enhanced innovation: The combined expertise of JMG and MEI will accelerate the development of new products and services.
- Stronger financial foundation: The acquisition reinforces the financial strength of both companies, enabling increased investment in innovation and customer support.
- Continued customer focus: Existing sales and service structures of both companies will remain in place, ensuring continuity for customers.
“This acquisition is a significant step forward in our JMG 2030 strategy,” said Andreas Conzelmann, CEO of Jakob Müller Group. “I really appreciate the entire MEI team for their values, attitude, and spirit. Together, we can offer our customers an outstanding range of solutions and services, while continuing to provide the highest quality, productivity, and reliability they expect from both JMG and MEI.”
Paolo Mazzucchelli, CEO of MEI, added, “Joining forces with JMG is an exciting opportunity for MEI. This alliance will enable us to develop new products and services more quickly and professionally, ultimately benefiting our customers’ growth. We are committed to maintaining our separate sales forces to preserve the long-standing relationships we have built with our customers.” MEI will continue to operate as an independent company, retaining its location in Gallarate, Italy, with Paolo Mazzucchelli remaining as CEO. Both brands will maintain their separate market presence, leveraging their individual strengths to serve customers in a demanding market environment.
