BLM GROUP

Hypertherm Associates acquired a minority stake in BLM Group, an Italian manufacturer of laser cutting and CNC bending machines. The strategic partnership combines BLM's laser cutting expertise with Hypertherm's plasma and waterjet cutting products.

Hypertherm Associates and BLM GROUP announced a strategic partnership including a minority stake investment by Hypertherm in BLM GROUP and a commercial agreement to expand demand for BLM GROUP's tube laser cutting and bending systems in North America and Europe.