Doka has acquired Malaysia-based MFE Formwork Technology, a market leader in monolithic aluminium formwork systems. Together they are now a major player in the Asia Pacific region, capable of providing customers with various solutions from a single source.
With this acquisition, Doka has achieved another significant milestone in its strategic growth plan and thus strengthened its position in Southeast Asia and the Pacific region, an important growth market for the company alongside North America.
“We have been in a sales partnership for many years, which we are now taking to the next level. MFE is an experienced company with great expert know-how and state-of-the-art production facilities. Its innovative and high-quality products are highly appreciated by its customers,” said Robert Hauser, CEO of Doka GmbH.
Founded in 1991, MFE has become a global leader in monolithic aluminium formwork solutions. Using monolithic formwork allows elements such as slabs and walls to be formed in a single pour, resulting in a seamless, jointless structure. This technique is particularly suited to projects with less complex and repetitive geometric requirements.
Meanwhile, Doka is a specialist for steel formwork in combination with timber and offers solutions in the large-scale sector, for example in high-rise, infrastructure or power plant construction. The company has an extensive global sales network and is active in over 60 countries with more than 170 locations.
“By joining our forces, we create a unique one-stop-shop formwork portfolio for our customers,” continued Mr Hauser. “With the right formwork solution for every project and size at hand, we can now respond to our customers’ needs even better. Additionally, we offer scaffolding solutions from a single source, making us unbeatable.”
Jim Robinson, group chairman of MFE Group of Companies, said this acquisition “opens up new horizons for collaboration and enhances our ability to reach a wider audience globally. Together, we look forward to leveraging our combined strengths and expertise to drive innovation and provide unparalleled solutions to our customers around the world.”