Huf Group acquires MHG Thailand
The Huf Group has agreed to acquire all shares in MHG (Thailand) Co. Ltd. from Australia’s MH Group. The Rayong-based automotive supplier engages in injection moulding and robotic painting and employs approximately people. Its main customers are Ford, Automotive Alliance Thailand (a joint venture between Ford and Mazda) and other automotive manufacturers in Thailand. The transaction is scheduled to be completed today.