CMG is an internationally renowned specialist in MIM and metal 3D printing, and the acquisition will allow the company to build on its success and growth.
Rachel Garrett, managing director of CMG Technologies, said: “This is an extremely exciting time for the company and industry overall.
“CMG Technologies is known for the quality of its services and the benefits it brings to various sectors. By combining the expertise and resources of CMG and Indo-MIM, we will be able to grow our company and services substantially.
“We are thrilled to be part of the Indo-MIM group and look forward to what the future holds.”
The company will continue to trade as CMG Technologies and no changes will be made to management, staffing, or the culture the Suffolk manufacturer has created, including their four-day week.
Indo-MIM recognises CMG Technologies is an industry-leader in the UK so all work will continue as normal, and the company will continue to be managed by Rachel Garrett and Phil Marsh.
Dr Phil Marsh, technical and production Director, added: “The company’s great success over the years is testament to the quality of our team.
“By joining the Indo-MIM group, we will be able to build on that further and provide even more fantastic opportunities for the team.”
CMG Technologies is an expert in MIM, a metalworking process used to create intricate parts, and quickly became a key player in metal 3D printing since launching the service in 2021.
The company received an innovation award for its work to create vital parts for ventilators in the fight against Covid-19 and was also recognised with a wellbeing award for initiatives to support staff.
In 2022, Rachel Garrett was named in the Timewise Power List, which comprises of successful individuals working part-time hours.
To find out more about CMG Technologies, visit www.cmgtechnologies.co.uk.
