The AICHELIN Group, a global provider of heat treatment solutions, has finalized its acquisition of the NTS & UPC business units from NITREX, Inc.
Source: NITREX
With around 250 new employees in the U.S., Poland, Germany, France, and China, the AICHELIN Group is expanding to over 1,350 employees. The deal represents the largest acquisition in the company’s history.
The acquisition expands the Group’s technology portfolio with leading expertise in nitriding furnaces. The integration of the NITREX sites will take place step by step in coordination with local leadership teams.
CEO
AICHELIN Group
Source: AICHELIN Group, Tobias Fröhner
“This acquisition is an important step in the execution of our strategy. We want to grow meaningfully, with a strong foundation, local proximity, and technological excellence. Together with NITREX, we are combining know-how and regional strengths for the benefit of our customers, employees, and all stakeholders,” said Christian Grosspointner, CEO of the AICHELIN Group.
The AICHELIN Group has set a clear roadmap for sustainable growth and technological advancement. The focus is on diversification into new industries and applications, driven both by in-house development initiatives and targeted acquisitions.
Press release is available in its original form here.
Earlier developments of this story were reported on by Heat Treat Today here.
