With the acquisition of the Malaysian-based formwork manufacturer MFE, Doka has reached another significant milestone in the implementation of its strategic growth plan. The step helps Doka strengthen its position as global player in Southeast Asia and the Pacific region, which is an important growth market alongside North America.
“I am very pleased that MFE is now part of Doka and thus part of the global Umdasch Group. We have been in a sales partnership for many years, which we are now taking to the next level,” Robert Hauser, CEO Doka GmbH, says, commenting on the acquisition, and adds: “MFE is an experienced company with great expert know-how and state-of-the-art production facilities.”
MFE was established in 1991 and has become a leading global supplier of monolithic aluminum formwork solutions. Using this technique, elements such as slabs and walls can be formed in a single pour, resulting in a seamless, jointless structure. The monolithic formwork technique is particularly suitable for projects with less complex and repetitive geometric requirements. The company, which is headquartered in Malaysia and employs more than 2,200 people, has established itself as a reliable partner for efficient construction projects, according to Doka.
“By joining forces, we create a unique one-stop-shop formwork portfolio for our customers. With the right formwork solution for every project and size at hand, we can now respond to our customers’ needs even better,” Robert Hauser comments. MFE, on its part, has found a robust new owner in Doka. The group has an extensive global sales network and is active in over 60 countries with more than 170 locations.