United Grinding completes acquisition of GF Machining Solutions
The strategic acquisition, previously announced, is now complete. The new group -- UNITED MACHINE SOLUTIONS -- becomes one of the largest tool manufacturers in the world with over $1.5 billion in sales.
With the takeover of the GF Machining Solutions Division of George Fischer AG by the UNITED GRINDING Group, one of the largest machine tool manufacturers in the world has emerged -- with total sales of over $1.5 billion and around 5,000 employees at over 50 global locations. The company was renamed UNITED MACHINING SOLUTIONS and retains its headquarters in Bern, Switzerland.
From left to right: Ivan Filisetti, Heinz Poklekowski, Michael Horn, Stephan Nell -- Management Board of the new group UNITED MACHINING SOLUTIONS
Stephan Nell, CEO of the new group and the UNITED GRINDING Group, reveals: "There has been a long-standing desire to merge the two companies. It is rare for two companies to complement each other as well as UNITED GRINDING and GF Machining Solutions. This applies not only to our product portfolios, our international alignment, and our understanding of quality, but also to the culture and mindset of our employees. I am convinced that we can make a big difference together, for the benefit of our customers."
With a presence in more than 50 locations, a comprehensive product portfolio, and a total of 15 leading brands in their industries, the foundation is laid for future success.
"It is the best decision we could make," confirms Ivan Filisetti, CEO of GF Machining Solutions and a member of the new group's Management Board. "Our products do not overlap; they complement each other. This makes integration much easier. And as a Swiss company, we share the same culture with a strong commitment to innovation and digitalization."
The two companies are particularly connected by their shared Swiss roots and strong international alignment. "With more than 50 locations worldwide, there are few machine tool manufacturers that are as international as we are and as close to their customers," believes Nell. "Being able to speak the language of our customers and offer fast, competent support is an important decision-making criterion for our customers. Our global employees share the same roots and values," adds Filisetti.
The group will primarily present itself to the outside world through its individual brands.
UNITED MACHINING SOLUTIONS with two divisions
The two divisions UNITED GRINDING and UNITED MACHINING fall under the umbrella name of the group, UNITED MACHINING SOLUTIONS. UNITED GRINDING includes the brands MÄGERLE, BLOHM, JUNG, STUDER, SCHAUDT, MIKROSA, WALTER, EWAG, and IRPD. With their expertise in the technologies of surface and profile grinding, cylindrical grinding, tool machining and additive manufacturing, they continue to offer broad application knowledge, an extensive product portfolio, and a distinct range of services for the manufacture of high-precision components.
The group's portfolio will be expanded to include the brands AGIE CHARMILLES, CHARMILLES, MIKRON MILL, LIECHTI, STEP TEC, and SYSTEM 3R. This includes machines for high-speed milling, EDM (Electrical Discharge Machining), laser texturing, and laser micro-machining. In addition, the division offers state-of-the-art spindles as well as solutions for automation and digitization, backed by global customer and application support.
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