Grinding specialist sold

Körber has sold its machine tool business operating under the United Grinding Group.

The new ownership structure consists of a strategically oriented pool of investors organised by the Swiss BZ Bank Aktiengesellschaft. United Grinding Group comprises eight major brands: Mägerle, Blohm and Jung surface/profile grinding machines; Studer, Schaudt and Mikrosa cylindrical grinders; and Walter and Ewag tool grinding machines. “BZ Bank is delighted to be able to offer its customers the opportunity to invest in a high-yielding international industry group,” states Martin Ebner, CEO of Swiss BZ Bank.
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