# Gleason to acquire Faessler Honing Business from Daetwyler Group

Gleason announced it will acquire the Faessler Honing Business from the Daetwyler Group. The acquisition was reported in May 2019.

- Type: Acquisition
- Announced: 2019-05-01
- Status: announced
- Products: honing equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Daetwyler Group](https://endata.com/companies/14036.md) (partner)
- [Gleason Corporation](https://endata.com/companies/37584.md) (acquirer)

## Sources

- [mfgnewsweb.com](http://www.mfgnewsweb.com/archives/4/54373/Current-News-may19/Gleason-to-Acquire-Faessler-Honing-Business-from-Daetwyler-Group.aspx), 2019-05-01: "Gleason to Acquire Faessler Honing Business from Daetwyler Group"

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