United Grinding Group and GF Machining Solutions becomes United Machining Solutions
The strategic acquisition, previously announced, is now complete. With the acquisition of the GF Machining Solutions Division of Georg Fischer AG, the United Grinding Group expands its portfolio to 15 brands. The new group operates under the name United Machining Solutions and, with total sales of over USD 1.5 billion, has become one of the largest machine tool manufacturers in the world.
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 USD 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.
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. Lead shareholders Rosmarie and Martin Ebner expressed their full confidence in this strategically important step within the world of global machine tool manufacturing, authorizing the necessary capital increase to make this vision into reality. 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."
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