Studer parent United Grinding Group gets new owner

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​United Grinding Group, whose brands take in Studer, Schaudt and Mikrosa cylindrical grinders, Magerle, Blohm and Jung surface and profile grinders, and Walter and Ewag tool grinders, has been sold by the Körber technology group to a pool of investors organised by the Swiss BZ Bank Aktiengesellschaft.

“BZ Bank is delighted to be able to offer its customers the opportunity to invest in a high-yielding international industry group, which is one of the leading providers in the relevant markets,” says Martin Ebner, CEO of the BZ Bank Aktiengesellschaft. "For our long-term oriented investors, the ongoing positive development of the group is of crucial importance. Further strengthening the group's solid foundation is therefore of great interest.”

Adds Stephan Nell, CEO of United Grinding Group: “Our aim is to remain one of the market leaders, based on our broad and thus unique product portfolio. We also want to shape further developments in our customer industries actively. Together with our new owners, we will continue our international course of expansion and invest even more intensively in technological and digital innovations in our products and services portfolio.”

Stephan Seifert, chairman of the executive board of Körber AG, offers: “We are pleased that the new strategic owner can open up further development opportunities for United Grinding Group, in order for them to continue to lead and actively shape their market in the future.”

  • Körber AG is the holding company of an international technology group. The group unites leading technology companies with more than 130 production, service, and sales companies. At locations around the globe, Körber combines the advantages of a global presence with the strengths of highly specialised and flexible medium-sized companies to offer its customer solutions, products, and services in automation, logistics systems, pharma systems, tissue and tobacco, as well as corporate ventures and Körber Digital.