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Subject to approval from the authorities, United Grinding Group will take over the machine manufacturer GF Machining Solutions (GFMS) from Georg Fischer AG. Both companies have signed an agreement on this. The aim is to position ourselves even more powerfully in the market and to serve global customers with even more comprehensive solutions in the future
United Grinding Group announces the signing of an agreement with Georg Fischer AG to acquire its GF Machining Solutions Division. Together, United Grinding and GFMS will join forces and become a global leader in ultra-precision machining. The value of the transaction is between CHF 630 million and CHF 650 million. The transaction is expected to close in Q1/Q2 2025, subject to regulatory approval.
United Grinding und GF Machining Solutions
The United Grinding Group is one of the world’s leading manufacturers of grinding machines, eroding machines, laser machines, measuring machines and machine tools for additive manufacturing. With over 2,000 employees at more than 20 production, service and sales locations, the group of companies is customer-oriented and highly productive.
With the brands Blohm, Ewag, IRPD, Jung, Mägerle, Mikrosa, Studer, Schaudt and Walter as well as the competence centers in America and Asia, United Grinding offers broad application knowledge, a large product portfolio and a range of services for the production of high-precision components. The majority shareholder of United Grindin is the Swiss Patinex AG of Martin and Rosmarie Ebner.
GF Machining Solutions is today one of the world’s leading providers of complete solutions for manufacturers of precision parts and tools as well as mold making. The portfolio includes machines for milling, eroding, laser texturing, laser micro-processing and additive manufacturing. In addition, GFMS offers spindles as well as solutions for automation and digitalization, supported by global customer service and support. The company now employs around 3,500 people at over 40 global locations. (eve)
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