The UNITED GRINDING Group will acquire the GF Machining Solutions division (GFMS) of Georg Fischer AG (GF) in Schaffhausen (Switzerland).
UNITED GRINDING Group today acquires Georg Fischer AG (GF) and its GF Machining Solutions division (GFMS) with the aim of strengthening its market position and offering even more comprehensive solutions to its customers worldwide. announced that they had signed a contract. UNITED GRINDING and GFMS will work together to become the world leader in ultra-precision machining. The transaction is valued at CHF 630-650 million and is expected to close in Q1/Q2 2025, subject to regulatory approvals.
About United Grind Group
UNITED GRINDING Group is one of the world’s leading manufacturers of grinding, erosion, laser, measuring and additive manufacturing machine tools. With approximately 2,000 employees in more than 20 manufacturing, service and sales locations, the Group is organized in a customer-oriented and efficient manner.
Through MÄGERLE, BLOHM, JUNG, studerSCHAUDT, MIKROSA, WALTER, EWAG, and IRPD brands, as well as Americas and Asia competence centers, UNITED GRINDING has extensive application expertise, a large product portfolio, and We offer a wide range of services.
UNITED GRINDING’s majority shareholder is the Swiss holding company Patinex AG, which is wholly owned by Martin Ebner and Rosmarie Ebner.
“We want to make you even more successful – united in your success.”
About Georg Fischer AG (GF)
GF has four divisions: GF Piping Systems, GF Building Flow Solutions, GF Casting Solutions, and GF Machining Solutions, which offer products and solutions that enable the safe transportation of liquids and gases, lightweight cast components and high-precision manufacturing techniques. We provide. As a leader in sustainability and innovation, GF has strived to achieve profitable growth while delivering superior value to customers for more than 200 years. Founded in 1802, the company is headquartered in Switzerland and has 187 companies in 45 countries, 76 of which are production companies with 105 facilities. GF’s 19,824 employees worldwide generated sales of CHF 4,026 million in 2023.
About GF Machining Solutions
Today, GF Machining Solutions is one of the world’s leading providers of complete solutions for precision parts, tool manufacturers, and mold makers. Its portfolio includes machines for milling, erosion, laser texturing, laser micromachining and additive manufacturing. In addition, GFMS provides spindles and solutions for automation and digitalization backed by global customer service and support. The group currently employs approximately 3,500 people in more than 40 locations worldwide.