MFT, based in Cunewalde, Saxonia, Germany, is a renowned tier 1 supplier of machined components for automobiles. Its key products include Balancer shafts, Camshafts, Bearing Caps, Engine Brackets as well as non-engine Prismatic components. MFT generates annual sales of around € 20 million. According to Mr. Yatin Shah, Chairman and Manag-ing Director of PCL, MFT represents a meaningful acquisition that will open up synergetic opportunities through new product offerings and will help PCL to establish a global brand presence.
