UK-based CMG Technologies, known for metal injection molding (MIM) and metal 3D printing services, was recently acquired by MIM specialist Indo-MIM. CMG Technologies will continue to trade under its own brand and sees the acquisition as an opportunity to expand its success in providing injection molded parts to the medical, aerospace, automotive and industrial sectors.
Rachel Garrett, managing director of CMG Technologies, expressed her delight at the development, emphasizing that the combination of expertise and resources of CMG and Indo-MIM would enable significant expansion of the company and its services.
Indo-MIM, headquartered in Bangalore, claims to have the world’s largest installed MIM capacity and supplies metal injection molded parts to 45 countries. The company also offers additive manufacturing services at its U.S. MIM facility. In 2020, the company invested in metal binder jet technology from Desktop Metal and 3D printers from SLM Solutions for this purpose.
Similar to Indo-MIM, CMG Technologies also turned its attention to 3D printing in 2022, launching an in-house metal AM service to complement its flagship MIM offering. This investment followed a partnership with UK-based technology provider 3DGBIRE a year earlier, which offered manufacturers its sintering services for 3D-printed parts from processes such as Ultimaker’s Metal Expansion Kit.
CMG Technologies employees will see no changes to their contracts or company culture. The additional investment and resources will create exciting opportunities for the team.