Hypertherm to acquire OMAX, making it a wholly owned subsidiary

Hypertherm signed a definitive merger agreement to acquire abrasive waterjet maker OMAX, which becomes a wholly owned subsidiary. Closing is expected on or around April 9, 2019.

“following the signing of a definitive merger agreement that establishes OMAX as a wholly-owned subsidiary of Hypertherm”prweb.com

• 2 sources
• prweb.comOMAX Plans to Join Forces with Hypertherm, Strengthening Its Waterjet Industry Leadership PositionMar 20, 2019
• thefabricator.comHypertherm acquires OMAXMar 20, 2019

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