# 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.

- Type: Acquisition
- Announced: 2018-06-29
- Where: Bern, Switzerland, Switzerland
- Status: completed
- Products: cylindrical grinders, surface and profile grinders, tool grinders
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Körber](https://endata.com/companies/1138.md) (partner)
- [United Grinding Group](https://endata.com/companies/16915.md) (target)
- [BZ Bank Aktiengesellschaft](https://endata.com/companies/18806.md) (acquirer)

## Sources

- [machinery.co.uk](https://www.machinery.co.uk/content/news/studer-parent-united-grinding-group-gets-new-owner), 2018-07-04: "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"
- [fabricatingandmetalworking.com](https://fabricatingandmetalworking.com/united-grinding-has-new-owners/), 2018-08-20: "The sale of the Group by the Körber technology group was completed with effect at the end of June 29, 2018, following approval by the responsible supervisory authorities."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.