For GF, the acquisition follows the company’s strategy to enlarge its technology portfolio to cover the needs of key target sectors. Terms were not disclosed.
Yves Serra, CEO of GF, says: “ The company has developed within a short time a remarkable know-how in micro-machining which complements very well the technology portfolio of GF Machining Solutions. We look forward supporting Microlution in widening its presence in the US and worldwide.”
Andy Phillip, president and director of Microlution says: “We are excited for our team, products and technology to join forces with GF Machining Solutions. With our new partner we will increase our ability to serve our customers and grow.”
GF Machining Solutions provides machine tools, automation solutions and customer services for the production of molds, dies and high value-added metal parts. The division has R&D and manufacturing facilities in Switzerland, Sweden and China, and serves its customers through its own sales companies in more than 50 countries.
