Hardinge to acquire Weisser

Hardinge Inc and JG Weisser GmbH & Co KG have entered into a definitive agreement under which the former will acquire the latter, enhancing Hardinge’s turning and milling platform with an attractive portfolio of products and technologies. Weisser, which has sales of approximately $90m, is a German manufacturer of multifunctional turning machines and turning centres, as well as automation solutions. The transaction will bring together two complementary businesses, accelerate the Hardinge growth strategy and increase core capabilities in highly attractive segments.

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