PRESS RELEASE
Issued by: Precision Surfacing Solutions - KEHREN
Precision Surfacing Solutions, a leading global supplier of equipment and services for precision lapping, polishing, grinding, and honing, announced today that it has acquired KEHREN GmbH, a provider of machine tools and systems for high-precision grinding applications based in Hennef, Germany.
“KEHREN was founded in 1934 so this acquisition will contribute another long established and well recognized precision machine tool brand to the Precision Surfacing Solutions product portfolio. We look forward to the opportunity to introduce the KEHREN product line to the over 9,000 existing active global PSS customers, particularly those in North America and Asia,” said Brian Nelson, President and CEO of Precision Surfacing Solutions. “KEHREN also has a very complementary industrial customer base and will provide us with significant opportunities to cross-sell other PSS products. Finally, this acquisition also helps to diversify our customer base, offering further exposure to the aerospace, bearing, and industrial machine tool segments. We are very excited to have KEHREN join our Group.”
Kelly Cavitt, Group Chief Financial Officer of PSS added, “The acquisition of KEHREN in Hennef further expands our German manufacturing presence and will represent our fifth location in addition to our existing Rendsburg, Aschaffenburg, Fulda, and Babenhausen facilities. As always, we feel that our Group resources and scale will create significant synergies and cost saving opportunities at KEHREN, particularly for raw material and machine components.”
PSS Group Chief Technical Officer, Brett Rosenthal, further commented, “The addition of KEHREN provides significant technical and application resources that will further strengthen our global technical team. I look forward to working with the KEHREN team.”
Precision Surfacing Solutions has solved the most challenging precision surfacing problems. With hundreds of years of experience within each of our brands, PSS has a proven history of successfully developing cost effective processing solutions for virtually any application. Terms of the acquisition were not disclosed.
| Contact details from our directory: | |
| Precision Surfacing Solutions - KEHREN | Machine Tools, Grinding, Machining Systems |
| Lapmaster Wolters GmbH | Lapping Service, Polishing & Buffing, Honing, Grinding, Machining Systems, Deburring |
| Precision Surfacing Solutions | |
| Related directory sectors: |
| Machining |
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