NEWS
CGS announces the sale of Muller Technology Group
Pfäffikon SZ (CH) / Conthey (CH), 24. März 2026
CGS announces the sale of its portfolio company, Muller Technology Group (“Muller”), to Vasantha Group, a global provider of tooling and molding solutions headquartered in India.
With this transaction, CGS is setting the stage for Muller’s future development and growth.
Muller is a Switzerland-based provider of high-precision automation solutions serving a global customer base across packaging and industrial applications. Building on its strong heritage as a Swiss-based hidden champion, the company has further strengthened its operational capabilities and successfully expanded its international footprint, particularly in the United States, during CGS’s ownership.
With Vasantha Group, Muller joins a strategic partner with complementary capabilities in injection mold manufacturing and global production. The combination creates a compelling platform for turnkey solutions, particularly in packaging and medical technology, and enhances the joint ability to serve customers globally with an integrated offering, from tool design to fully automated production systems. Muller’s locations in Switzerland and the United States will continue to serve as key centers of competence.
Muller Technology will continue to operate under its existing name, with Carsten Eisenkrämer remaining as Group CEO. Both production sites in Switzerland and Colorado will remain fully operational. Through the synergies of both automation divisions, a combined global team will be built, sharing know-how and capacities across all locations.
Thomas Anderegg, Chairman of the Board, Muller technology, is convinced that the Muller Technology Group is exceptionally well-positioned for the future: “In Vasantha Group, we have found the ideal strategic partner to begin the next chapter of our company´s history. I am convinced that this partnership represents a great asset for both our employees and our customers.”
Mr. Dayanand Reddy, Managing Director & Founder of the Vasantha Group, complements:
"The acquisition of Muller Technology is a milestone in our vision to become the world’s preferred partner for complete injection molding solutions. We highly value Muller’s decades of experience and 'Swiss Precision.' Our goal is to scale this technological excellence using our global infrastructure. Together, we will provide our customers with unprecedented value—from the initial tool design to the fully automated production line."
About Muller Technology
Muller Technology is a Swiss specialist in precision mold design and automation, and a global productivity partner to the plastics packaging industry. Since 1959, the company has developed and supplied precision injection molds, IML robots, vision inspection systems, stackers, case packers, palletizers, autonomous mobile robots (AMRs), and fully integrated automation lines. Muller Technology is headquartered in Conthey, Switzerland, with a further facility in Loveland, Colorado (USA). The company employs more than 100 people across approximately 8,050 m² of production space and has a global installed base of more than 2,500 automation systems.
For more information about Muller, please visit: www.muller-technology.com
About Vasantha Group
Vasantha was founded in 1989 in Hyderabad, India, as a specialist in injection molding solutions encompassing tooling, automation, and comprehensive system solutions. Today the Group employs more than 750 people across five locations. With a focus on quality, customer service, on-time delivery, and technical support, Vasantha has established itself as a leading provider of end-to-end tooling and automation solutions and a trusted partner to the medical device, consumer goods, and packaging industries. In addition, Vasantha has pioneered automated robot cells, in-house vacuum heat treatment, metal injection molding (MIM), the development of its own hot runner system, and operates one of the largest and most advanced toolmaking facilities in Southeast Asia. With locations on three continents, the Vasantha Group exports to more than 40 countries worldwide.
For more information about Vasantha, please visit: www.vasantha.com
About CGS Management AG
CGS is an independent, experienced industry partner based in Pfaeffikon, Switzerland, specializing in transforming medium-sized companies into international leaders. Since 1999, CGS funds have been investing in platform companies across Europe’s regions, driving global expansion through strategic add-on acquisitions worldwide.
For more information about CGS, please visit: www.cgs-management.com
For more information, please contact:
CGS Management AG, Thomas Anderegg, Managing Partner
thomas.anderegg@cgs-management.com
Muller Technology Conthey SA, Carsten Eisenkrämer, Group CEO
carsten.eisenkraemer@muller-technology.com
Vasantha Group, Mr. Dayanand Reddy, Managing Director & Founder of the Vasantha Group reddy@vasantha.com
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