Gleason Corporation completed the acquisition of Fubri.

Gleason Corporation, a global leader in gear technology, completed the acquisition of Fubri, a global market leader in the manufacture of gear cutting tools, specifically high-speed steel hobs, serving a variety of global end-markets for more than 85 years. Financial terms were not disclosed. “Fubri has been a family company since its inception, but I can think of no better partner than Gleason to help guide our company into the future. We look forward to joining the Gleason team and serving the market in an even bigger and better way.” Massimo Mandelli, Fubri Chief Executive Officer.