GF to Acquire Innovative US Micro-Machining Specialist

08.06.2016

GF Machining Solutions a specialist of micro-machining based on milling and laser technologies.

The company Microlution was founded in 2005 by three engineers from the Chicago region. It specializes in 5-axis milling and femtosecond laser for hole drilling and micro-cutting in a wide range of industries including aerospace, medical and automotive. The company generated in 2015 a turnover of USD 10 million with a workforce of 30 employees. The acquisition is in line with the strategy of GF Machining Solutions to enlarge its technology portfolio to cover the needs of its key target sectors such as the aerospace and medical fields. Both parties have agreed to keep the sales conditions confidential.

“We warmly welcome Microlution to GF. The company has developed within a short time a remarkable know-how in micro-machining which complements very well the technology portfolio of GF Machining Solutions”, stated Yves Serra, CEO of GF. “We look forward supporting Microlution in widening its presence in the US and worldwide.”

Andy Phillip, President and Director of Microlution Inc. says: “We are excited for our team, products and technology to join forces with GF Machining Solutions. Microlution’s customers have benefited from our innovative systems for nearly 10 years. With our new partner we will increase our ability to serve our customers and grow.”

More articles on this topic

ABB Publishes 2023 Integrated Report

28.02.2024 -

ABB recently published its Integrated Report, which is the company’s primary report at Group level. The report integrates the most important material information about the company’s strategy, business, governance as well as its financial and sustainability performance.

Read more

Full Automation Sets New Standards In Encapsulation

01.06.2023 -

For increased productivity and efficient production of large quantities, more and more electrical engineering companies are taking advantage of the possibilities offered by automated encapsulation. In order to serve these needs, the TARTLER GROUP has developed a complete solution consisting of a resin dosing and mixing system, a robot-assisted encapsulation station and an external refilling unit for a renowned manufacturer of plug connector and motor protection products.

Read more