# UNITED GRINDING Group to acquire GF Machining Solutions for up to CHF 650M

UNITED GRINDING Group has signed an agreement to acquire GF Machining Solutions Division from Georg Fischer AG for between CHF 630 and 650 million. The transaction is expected to close in Q1/Q2 2025, subject to regulatory approvals.

- Type: Acquisition
- Announced: 2024-10-30
- Where: Switzerland
- Value: $710.0M (640.0M CHF)
- Status: announced
- Products: grinding machines, eroding machines, laser machines, measuring machines, machine tools for additive manufacturing
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Georg Fischer](https://endata.com/companies/11126.md) (partner)
- [Georg Fischer](https://endata.com/companies/11126.md) (target)
- [GF Machining Solutions](https://endata.com/companies/16878.md) (target)
- [United Grinding Group](https://endata.com/companies/16915.md) (acquirer)

## Sources

- [grinding.cn](https://www.grinding.cn/en/united-grinding/news-events/news/details/news/%E8%81%94%E5%90%88%E7%A3%A8%E5%89%8A%E9%9B%86%E5%9B%A2%E9%80%9A%E8%BF%87%E6%88%98%E7%95%A5%E6%94%B6%E8%B4%AD%E6%89%A9%E5%A4%A7%E4%BA%A7%E5%93%81%E7%BB%84%E5%90%88/), 2024-10-30: "The transaction is valued between CHF 630 and 650 million and is expected to close in Q1/Q2 2025, subject to regulatory approvals."
- [walter-machines.com](https://www.walter-machines.com/en/walter/news-topics/news-overview/details/news/united-grinding-group-expands-product-portfolio-through-strategic-acquisition/), 2024-10-30: "The UNITED GRINDING Group intends to acquire the GF Machining Solutions Division (GFMS) of Georg Fischer AG (GF), Schaffhausen (Switzerland)."
- [legalcommunity.ch](https://legalcommunity.ch/bar-karrer-advises-united-grinding-on-gf-acquisition/), 2024-11-04: "This acquisition marks a strategic expansion for United Grinding Group into a sector known for its cutting-edge technology and comprehensive solutions."
- [americanmachinist.com](https://www.americanmachinist.com/machining-cutting/article/55240912/cnc-machine-holding-acquires-gf-machining-solutions-united-grinding-group), 2024-11-06: "United Grinding Group has secured an agreement to acquire GF Machining Solutions, adding another high-visibility nameplate to its portfolio of manufacturing technologies."
- [mfgnewsweb.com](https://www.mfgnewsweb.com/archives/4/67433/Breaking-News---Events/BREAKING-NEWS-UNITED-GRINDING-Group-Expands-Product-Portfolio-Through-Strategic-Acquisition.aspx), 2024-11-30: "Together, UNITED GRINDING and GFMS will join forces to become a global leader in ultra-precision machining."
- [machinery-market.co.uk](https://www.machinery-market.co.uk/news/38681/United-Grinding-Group-to-acquire-GFMS), 2024-12-03: "The transaction is valued between CHF630 and CHF650 million and is expected to close in the first half of 2025, subject to regulatory approvals."

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