United Grinding Group acquired by BZ Bank investor pool from Körber

United Grinding Group, parent of Studer and other grinding machine brands, has been sold by Körber technology group to a pool of investors organized by Swiss BZ Bank Aktiengesellschaft.

“United Grinding Group, whose brands take in Studer, Schaudt and Mikrosa cylindrical grinders, Magerle, Blohm and Jung surface and profile grinders, and Walter and Ewag tool grinders, has been sold by the Körber technology group to a pool of investors organised by the Swiss BZ Bank Aktiengesellschaft”machinery.co.uk

• 2 sources
• machinery.co.ukStuder parent United Grinding Group gets new owner - MachineryAndrew AllcockJul 4, 2018
• fabricatingandmetalworking.comUnited Grinding has New Owners| Fabricating & MetalworkingadminAug 20, 2018

Summarized from public sources; check the original articles before acting on it.