The United Grinding Group has signed an agreement with Georg Fischer AG to acquire its GF Machining Solutions (GFMS) division. Together, United Grinding and GFMS aim to become a global leader in precision machining. The transaction is valued between CHF630 and 650m (£560-578m) and is expected to close in Q1/Q2 2025 subject to regulatory approvals.

With roughly 2000 employees at more than 20 locations, United Grinding Group is a major manufacturer of grinding and other machine types with brands that include Mägerle, Blohm, Jung, Studer, Schaudt, Mikrosa, Walter and Ewag. Acquiring GFMS will add brands such as AgieCharmilles (EDM), Mikron (milling) and System 3R (automation) to the product family.

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