United Grinding acquires GFMS
The merger creates United Machining Solutions, a global machine tool manufacturer with 50 locations and around 5,000 employees.
The management team of the new group United Machining Solutions: Ivan Filisetti, Heinz Poklekowski, Michael Horn, and Stephan Nell (from left to right).
The announced strategic acquisition has been completed. With the takeover 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, according to its own statements, ranks among the largest machine tool manufacturers worldwide with total sales exceeding USD 1.5 billion. The company, with around 5,000 employees at more than 50 global locations, retains its headquarters in Bern, Switzerland.
Stephan Nell, CEO of the new group and of the United Grinding Group, reveals:
“There has long been a desire to bring the two companies together. Thanks to the trust of our main shareholders, Rosmarie and Martin Ebner, in this strategically important step in global machine tool manufacturing and the necessary capital increase, this vision has now been realized. It is rare that two companies complement each other as well as United Grinding and GF Machining Solutions. This applies not only to our product portfolios, our international orientation, and our understanding of quality, but also to the culture and mindset of our employees. I am convinced that together we can achieve a lot for the benefit of our customers.”
The group's supervisory board has closely accompanied and supported the process. Fred Gaegauf, Chairman of the Supervisory Board of United Grinding Group, says:
“The merger of the two companies creates a Swiss powerhouse in machine tool manufacturing.”
15 brands in the portfolio
With a presence at more than 50 locations, a comprehensive product portfolio, and a total of 15 industry-leading brands, the foundation for future success is laid.
“It is the best decision we could have made,” affirms Ivan Filisetti, President of GF Machining Solutions and member of the management board of the new group. “Our products do not overlap; they complement each other. This greatly facilitates integration. And as Swiss companies, we share the same culture with a strong commitment to innovation and digitization. We continue to pursue the goal of being the preferred partners for our customers, supporting them with tailor-made solutions and extensive expertise — far beyond just providing a high-end machine. The group, with its strong international orientation, employees on site with our customers, and broad technological expertise, helps us achieve this.”
Source: United Grinding
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