◂ Announcements

Feb 26, 2019ACQUISITIONBleienbach and Dietikon, Switzerland, Switzerland

Gleason to acquire Faessler honing business from Daetwyler Group

Gleason Corporation signed a definitive agreement to acquire all assets of Daetwyler's Faessler gear honing business, including machines, workholding and tools, for an undisclosed amount.

Jobs

Status

Announced

Productsgear honing machinesworkholdingtools

CompaniesDaetwyler Group target Gleason Corporation acquirer Daetwyler Industries AG target MDC Max Daetwyler AG target

Sectors#Industrial Machinery

“Faessler is a leader in honing technology for gears and ideally complements Gleason's existing product line for gear hard finishing solutions.”gleason.com

2 sources
gleason.comGleason to Acquire Faessler Honing Business from Daetwyler Group in an Asset DealFeb 26, 2019
machinetoolmarket.co.zaGleason To Acquire Faessler Honing Business | Machine Tool MarketMachine Tool MarketMar 15, 2019

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

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