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Tornos evaluates merger with Starrag · Endata

◂ Announcements

May 26, 2023ACQUISITIONSwitzerland

Tornos evaluates merger with Starrag

The Board of Directors of Tornos Holding decided on May 26, 2023 to evaluate a possible merger of the Tornos Group with the Starrag Group. Both are machine tool manufacturers.

Status

Rumored

Productsmachine tools

CompaniesTornos Starrag partner Starrag target Tornos target Walter Fust investor

Sectors#Industrial Machinery

“On May 26, 2023, the Board of Directors of Tornos Holding Ltd. decided to evaluate a possible merger of the Tornos Group with the Starrag Group.”siams.ch

2 sources
siams.chTornos evaluates a merger with Starrag - SIAMSUDITIS SAMay 30, 2023
nzz.chMaschinenbau: Walter Fust will Tornos und Starrag verschmelzenDominik FeldgesMay 30, 2023

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

More from Tornos

Jan 16, 2024PARTNERSHIP
Tornos and Tsugami form strategic alliance for machine tools
Tsugami partner Tornos partner machine-outil.com
Oct 26, 2023ACQUISITIONSwitzerland
Starrag and Tornos to merge, forming StarragTornos Group
Starrag Starrag acquirer swissinfo.ch laliberte.ch lenzstaehelin.com
Oct 22, 2020NEW FACILITYXi'an, Chinaops 22 Oct 2020
Tornos inaugurates new plant in Xi'an, China
Tornos mtdcnc.com
Sep 8, 2020CONTRACTWuxi, China, China
Wuxi Fortune secures automotive contract with Tornos machines
Wuxi Fortune Tornos supplier etmm-online.com
Apr 25, 2019ACQUISITIONXi'an, China
Tornos to buy out minority stake in Chinese subsidiary
Tornos acquirer Shaanxi Robot Automation Technology target agefi.com
May 7, 2018INVESTMENTWimbledon, London, United Kingdom
Tenable Screw invests in Tornos MultiSwiss 6X14 machine
Tenable Screw Tornos supplier mtdcnc.com

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