HARDING EINC.Acquires JGWEISSER GmbH & CO | Around the Web-Pennsylvania

Berwyn, Pennsylvania And ST. Georgen, Germany, July 20, 2021 / PRNewswire /- Hardinge Inc. (“Hardinge”) and JG Weisser GmbH & Co. KG (“Weisser”) has signed a formal agreement with Hardinge to acquire Weisser and enhance Hardinge’s turning and milling platform with a portfolio of attractive products and technologies.

Weisser is the world’s leading German manufacturer and turnkey solution provider of precision multifunctional turning machines and turning centers and automation solutions.Weiser Germany With about sales $ 90 million.. For more information about the company, please visit the following URL: weisser-web.com..

“Weisser is recognized for its market-leading innovation and mechanical design, complementing our portfolio of premium and precision machine tools. This business is well-positioned in many industry applications and Hardinge’s total. It complements the solution concept, “said Ryan Levenson, CEO of Hardinge. .. “We believe there is an exciting opportunity to leverage our global sales and service network and collaboration within existing turning and milling brands, especially in industries and regions where Hardinge is established, with the Weisser brand. Integrating the product into the Hardinge Group. This transaction will further accelerate Weisser’s growth. This transaction will integrate the two complementary businesses, accelerate Hardinge’s growth strategy and be very attractive. The core functionality of the segment will improve. We are pleased to welcome the Weisser team to the Hardinge family. “

“The new partnership with Hardinge opens up very attractive growth potential for Weisser,” he adds. Frank horn burger, CEO of Weisser. “This has great potential for immediate expansion into additional markets. With the same technological DNA in our integrated product portfolio and a similar history of driving precision standards, we are already in a strong market. The position will expand further. “

Hardinge Inc.about

Hardinge, Inc. Is a trusted global provider of precision computer controlled machine tool solutions for critical and difficult-to-machine metal parts and advanced workholding accessories. With over 125 years of experience, Hardinge offers a wide variety of metal cutting lathes, grinding machines, machining centers, collets, chucks, index fixtures, repair parts, standard and specialized workpiece holders, and other machine tool accessories. I am. Hardinge’s solutions are used in a wide range of industries including aerospace, agriculture, automotive, construction, consumer products, defense, energy, medicine, technology and transportation. The company designs, manufactures and sells machine tools in more than 65 countries. North America, Europe,and Asia.. For more information on Hardinge, please visit: www.hardinge.com..

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Source Hardinge Inc.