United Grinding Group has announced the signing of an agreement with Georg Fischer AG (GF) to acquire its GF Machining Solutions Division (GFMS).
This agreement was struck with the aim of strengthening United Grinding’s position in the market and serving its global customers with even more comprehensive solutions. Together, United Grinding and GFMS will join forces to become a global leader in ultra-precision machining.
The transaction is valued between CHF 630 and 650 million and is expected to close in Q1/Q2 2025, subject to regulatory approvals.
Through its MÄGERLE, BLOHM, JUNG, STUDER, SCHAUDT, MIKROSA, WALTER, EWAG, and IRPD brands, as well as competence centers in America and Asia, United Grinding offers broad application expertise, a large product portfolio, and a full range of services for the production of high-precision components.
The majority shareholder of UNITED GRINDING is Patinex AG, a Swiss holding company wholly owned by Martin and Rosmarie Ebner.
