UNITED GRINDING Group continues its course of success with new owners.

By OEM Update Editorial August 10, 2018 2:06 pm IST

One of the world’s leading machine tool manufacturers, UNITED GRINDING Group is one of the world’s leading suppliers of precision machines for grinding, eroding, laser machining, combination machining and measuring processes. The UNITED GRINDING Group has a new owner. The new owner structure comprises a strategically aligned pool of investors organised by the Swiss BZ Bank Aktiengesellschaft. Founded in 1985, BZ Bank Aktiengesellschaft specializes in trading participation share certificates, advising selected customers in the area of equity investment and financial investments, asset management, the management of collective capital investments and corporate advisory. The sale was completed with effect from the end of June 29, 2018, following approval by the responsible supervisory authorities. The new ownership structure consists of a strategically oriented pool of investors organized by the Swiss BZ Bank Aktiengesellschaft.

The UNITED GRINDING Group has experienced a very positive development in recent years and has been able to further expand its strong position in the machine tool market. Investments in innovative solutions, modern production technologies, the Group’s international locations and consistent focus on customer benefit, have all contributed to this positive development. The new owners want to systematically continue this success with UNITED GRINDING and the course previously pursued so successfully.

“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”, emphasizes Ebner.

“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,” says Stephan Nell, CEO of the UNITED GRINDING Group. With its eight corporate brands BLOHM, JUNG, MÄGERLE, STUDER, SCHAUDT, MIKROSA, WALTER and EWAG, UNITED GRINDING offers a wide range of applications, a large product portfolio and services on the international market. The group employs around 2,400 employees and has more than 20 productions, service and sales locations worldwide as well as agencies through third parties.

“We are pleased that the new strategic owner can open up further development opportunities for the UNITED GRINDING Groupin order for them to continue to lead and actively shape their market in the future,” says Stephan Seifert, Chairman of the Executive Board of Körber AG.Körber AG is the holding company of an international technology group. The group unites leading technology companies with more than 130 productions, service, and sales companies. Körber offer its customer solutions, products, and services in the business areas of automation, logistics systems, pharma systems, tissue and tobacco, as well as corporate ventures and Körber digital.

For more details, contact:
Paul Kössl
Global Head of Marketing & Business Development
UNITED GRINDING Group
Tel.: +41 – 31 356 01 22
Email: paul.koessl@grinding.ch
Web: www.grinding.com