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Starrag and Tornos to merge, forming StarragTornos Group · Endata

◂ Announcements

Oct 26, 2023ACQUISITIONSwitzerland

Starrag and Tornos to merge, forming StarragTornos Group

Swiss machine tool makers Starrag and Tornos have signed a merger agreement to form StarragTornos Group. The deal, announced on October 26, 2023, is expected to close in December 2023, pending shareholder approvals.

Status

Announced

Productsmachine tools

CompaniesStarrag Starrag acquirer Tornos target

Sectors#Industrial Machinery

“Mit dem Zusammenschluss entstehe ein neuer, starker Konzern, der die Zukunft der globalen zerspanenden Werkzeugmaschinenindustrie wesentlich mitgestalten werde.”swissinfo.ch

4 sources
swissinfo.chWerkzeugmaschinen-Hersteller Starrag und Tornos wollen fusionieren - SWI swissinfo.chKeystone-SDAOct 26, 2023
laliberte.chMachines outils. Starrag et Tornos vont fusionner | La Libertéal, jh, vj, rq, a_olOct 26, 2023
lenzstaehelin.comMerger of Starrag and TornosOct 27, 2023
caplaw.chStarrag and Tornos's Merger | CapLawMarisa KreienbuehlDec 13, 2023

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

More from Starrag

Jun 6, 2023CONTRACTUnited States
Metalex Manufacturing orders large portal machining center from Starrag Group
Starrag supplier Metalex Manufacturing customer maschinenmarkt.vogel.de
May 26, 2023ACQUISITIONSwitzerland
Tornos evaluates merger with Starrag
Tornos Starrag partner siams.ch nzz.ch
Nov 9, 2022INVESTMENTDenmark
HACO A/S invests in two large-capacity Droop+Rein machining centres from Starrag
HACO A/S Starrag supplier engineering-update.co.uk
Oct 26, 2022INVESTMENTOhio, United States
Metalex Manufacturing installs large-capacity Droop+Rein portal machining centre
Metalex Manufacturing Starrag supplier aero-mag.com
Jun 28, 2022CONTRACTItaly
Italian aerospace supplier orders four-machine FMS from Starrag
Starrag supplier machinery-market.co.uk
Mar 3, 2021CONTRACTOsborne, South Australia, Australia
Starrag to supply gantry machine for Australian submarine program
Starrag Naval Group customer fertigung.de

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