Hardinge to Acquire ID Grinding Business from Peter Wolters

Hardinge has entered an agreement to acquire the assets of the Voulmard internal diameter grinding business from Peter Wolters GmbH of Rendsburg, Germany.

Related Topics:

Related Suppliers

Hardinge has entered an agreement to acquire the assets of the Voulmard internal diameter grinding business from Peter Wolters GmbH of Rendsburg, Germany.

Voumard, founded in Neuchatel, Switzerland, has been in the ID grinding market for almost 70 years, with an installed base of more than 9,000 machine solutions serving more than 2,500 customers globally. It was acquired by Peter Wolters in 2005 and subsequently moved to Germany in 2010.

Hardinge plans to move Voumard's production and support back to Switzerland, where it will be integrated into the company's existing Kellenberger business.

"We expect to be quoting machines by the end of this year and be in a position for initial sales to be generated in late 2015," says Rick Simons, Hardinge chairman, president and CEO.

"The Voumard ID offerings by our Hardinge Grinder Group are a complement to our current product lines, resulting in a complete spectrum of internal and external diameter cylindrical grinding solutions to provide our customers," Simons says. "By incorporating it into our exisiting grinding businesses, Voumard customers can anticipate the same superior quality and technical support they have seen from our Kellenberger operations."

Editor's Pick

Are Your Apprentices Registered with the DOL?

A U.S. Department of Labor presentation about registered apprenticeships spurred discussion among Chicago AMBA members about the need for more effective ways to boost representation in order to boost interest in moldmaking as a career.