Purchase of DISA Core business from the Norican Group – Official announcement
Suzhou Mingzhi Technology Co Ltd. is pleased to announce the company has purchased from the Norican Group the assets of the DISA Core product business, based in Leipzig.
The sale is the result of close dialogue between the parties, exploring potential cooperation within complementary business areas, to better serve our customers. DISA has been offering Core solutions to the foundry industry for 20+ years from its facility in Leipzig, Germany.
The agreement with Mingzhi Technology offers an excellent opportunity to expand and secure the continuation of the quality products offered by the Leipzig team, combining it with the strength and experience of the Mingzhi Technology organization.
All employees working with the Core product offering in Leipzig have been transferred to the newly established Mingzhi Technology Leipzig GmbH entity and will continue their work as part of the Mingzhi Technology organization. Any current DISA Core product contracts will be fulfilled by the Norican Group in collaboration with Mingzhi Technology Leipzig.
In January 2020, Mingzhi Technology Leipzig will move to it’s newly built Technical Center and Assembly Hall on the outskirts of Leipzig, which represents a major expansion of the European operation.