WFL set to acquire automation specialist FRAI

WFL has announced that it is acquiring machine tool automation specialist FRAI Elektromaschinenbau GmbH. FRAI, founded in 1984, is set to pass into the 100% ownership of WFL Millturn Technologies, which is represented in the UK by Kyal Machine Tools. FRAI CEO and founder, Aitzetmüller Friedrich, will go into retirement after an agreed transition period.

The purchase means there will be a complete takeover of the trade name, established customers, reference projects, production capacity and staff. However, the FRAI office and production site will remain in St Konrad, Austria, which is about 50 km from Linz, where WFL is based. Aitzetmüller will direct the operational management team for a defined time period to ensure a smooth integration.

Automation solutions have been and are still a constant companion when it comes to the purchasing decision of a WFL MILLTURN machine, especially the smaller sized models.

“Automation solutions have high importance to many of our customers, or are in several cases a prerequisite for an order,” says Norbert Jungreithmayr, CEO of WFL. “With the takeover of FRAI Elektromaschinenbau we see greater opportunity for this type of solution.”