Tyrolit

Tyrolit Group acquired 100% of the Scanmaskin Group effective January 1, 2025, enhancing its market position in the floor preparation sector.

Tyrolit held a groundbreaking ceremony for the expansion of Plant 5 at its production facility in Stans, Austria. The 1,700 m² addition will house an innovative fully-automatic production line for high-tech grinding tools used in hard-coated brake discs. Completion is expected in autumn 2024.