UNITED GRINDING Group completed the acquisition of GF Machining Solutions from Georg Fischer for CHF650m.

UNITED GRINDING Group, a provider of grinding, eroding, laser, and measuring machines, completed the acquisition of GF Machining Solutions, one of the world's leading providers of complete solutions for manufacturers of precision parts and tools as well as mold and die makers, from Georg Fischer, a manufacturing company, for CHF650m. “This is a landmark moment in our transformation journey toward becoming a pure-play Flow Solutions company. At the same time, I would like to sincerely thank all employees of GF Machining Solutions for their contributions over the years. We wish them all the best as they embark on this new chapter”, Andreas Müller, GF CEO.