AICHELIN Group to acquire the NTS & UPC business divisions of NITREX.

AICHELIN Group, provider of heat treatment solutions, agreed to acquire the NTS & UPC business divisions of NITREX, a heat-treating solutions company. Financial terms were not disclosed. "This acquisition marks a new chapter for AICHELIN. By combining forces with NITREX, we are unlocking innovation potential and global synergies that will benefit our customers, employees and stakeholders alike. We are proud to welcome NITREX into our Group. Together, we are shaping the future of industrial heat treatment," Christian Grosspointner, AICHELIN Group CEO.