To support this move, the original €100 million fund has been extended by a further €80 million, it was said.Īlready the two cross-sell each other's machines, dressing them up in different clothing, so to speak. Called MG Finance, this will support purchasers of DMG and Mori Seiki machines in the UK - it is also being rolled out in Italy and France. ![]() ![]() What UK customers will see during this year, however, is an extension of the financing initiative that the two companies have set up elsewhere ( see article here). Image: Inside the show rooms – people galore Image: The DMG Open House event draws 1,000s of visitors The UK is not one of the sales co-operation markets as yet, so the pair's relationship is less clearly visible here. Still not well understood in the UK, perhaps, these two machine tool firms are co-operating in sales and service, component manufacturing, procurement and product development the pair having a cross-shareholding of 5%. Gildemeister AG chairman Dr Rüdiger Kapitza was joined, for the second year running, by Mori Seiki president Dr Masahiko Mori at the February event.
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