Announced
Financials
Sources
Tags
Acquisition
Germany
Single Bidder
Friendly
Majority
Pending
Private
turning machines
Cross Border
Machinery: Industrial
Synopsis
Hardinge, the machine tool builder, agreed to acquire Weisser, a company that produces multifunctional precision turning machines and turning centers. Financial terms are not disclosed. "Weisser is recognized for its market leading innovations and machine designs, complementing our expanding portfolio of premium, high precision machine tools. The business is well-positioned in many industry applications and complements the Hardinge total solution concept," Ryan Levenson, Hardinge CEO.
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