The UNITED GRINDING Group intends to acquire the GF Machining Solutions Division (GFMS) of Georg Fischer AG (GF), Schaffhausen (Switzerland).

UNITED GRINDING Group today announces the signing of an agreement with Georg Fischer AG (GF) to acquire its GF Machining Solutions Division (GFMS) with the aim of strengthening its 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.

About UNITED GRINDING Group

UNITED GRINDING Group is one of the world’s leading manufacturers of grinding, eroding, laser, and measuring machines, as well as machine tools for additive manufacturing. With roughly 2.000 employees at more than 20 manufacturing, service, and sales locations, the group is organized in a customer-oriented and efficient way.

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.

“We want to make our customers even more successful – UNITED FOR YOUR SUCCESS”

About Georg Fischer AG (GF)

With its four divisions GF Piping Systems, GF Building Flow Solutions, GF Casting Solutions, and GF Machining Solutions GF offers products and solutions that enable the safe transport of liquids and gases, as well as lightweight casting components and high-precision manufacturing technologies. As a sustainability and innovation leader, GF has been striving to achieve profitable growth while offering superior value to its customers for more than 200 years. Founded in 1802, the Corporation is headquartered in Switzerland and present in 45 countries with 187 companies, 76 of which are production companies with 105 facilities. GF’s 19’824 employees worldwide generated sales of CHF 4’026 million in 2023.

About GF Machining Solutions

Today, GF Machining Solutions is one of the world's leading providers of complete solutions for manufacturers of precision parts and tools as well as mold and die makers. Its portfolio includes machines for milling, eroding, laser texturing, laser micromachining and additive manufacturing. In addition, GFMS offers spindles and solutions for automation and digitalization, backed by global customer service and support. The group currently employs around 3500 people at over 40 global locations.