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Announced

Completed

Lemro completed the acquisition of United Grinding Group from Korber Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Switzerland

Machinery: Industrial

precision machines

Majority

Completed

Private

Single Bidder

Synopsis

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Lemro completed the acquisition of United Grinding Group, a manufacturer of precision machines for grinding, eroding, laser and measuring, from Korber Group, a strategic management holding. Financial terms were not disclosed. “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,” Stephan Nell, United Grinding Group CEO.

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