Danobat acquires the Dutch firm Hembrug Machine Tools to strengthen its position in the field of finish hard turning
➢ Today, machine tool manufacturers Danobat and Hembrug, leader in finish hard turning, have announced the acquisition at EMO Hanover (Germany)
➢ The operation represents a step forward in the sectoral diversification and internationalisation strategy of the Danobatgroup, an industrial group to which Danobat belongs.
➢ The sum of the two companies, which combine their grinding and hard turning expertise, provides the machine tool market with a new cutting-edge offer
Hanover, 16th September 2019. The machine tool and production systems manufacturer Danobat has announced the acquisition of the Dutch company Hembrug Machine Tools, leader in precision hard turning technology. The purchase agreement was announced this afternoon in Hanover (Germany) at the EMO, the leading European machine tool fair. Hembrug has a strong presence in Europe and an extended network in North America and Asia in Europe. In 2018 it had a turnover of 14 million euros. Danobat is the market leader in machine tool manufacturing of grinding machines, with an annual turnover of 130 million euros.
The acquisition gives our customers a better and wider choice between the two complementary technologies grinding and hard turning. Hembrug customers will benefit from the extended service network of Danobat. Furthermore Danobats’ excellent grinding expertise will be of use in Hembrug’s new hybrid hard turning/grinding machines. Hembrug will also make use of Danobat’s automation solutions and Industry 4.0 offerings. Hembrug CEO Robert Nefkens (the undersigned) will remain at the helm of the company with full enthusiasm as well as the actual Hembrug Management Team. Accessing Danobat’s global platform and the competitive advantage of joining the two complementary technologies grinding and precision hard turning is a big step forward. This can be highly beneficial for our customers.
The heads of both companies revealed the agreement this afternoon at the EMO Fair in Hanover.
Danobat is the market leader in machine tool manufacturing of grinding machines geared towards solving the problems of each client with customised solutions.
It has an annual turnover of 130 million euros, is strongly internationalised and has production plants in Germany, Spain and the United Kingdom and centres of excellence in these countries as well as Italy, the USA and China. It forms part of the Danobatgroup, an industrial group that employs 1,300 people and is part of the Mondragon Corporation.
Hembrug Machine Tools designs, builds and sells high precision hard turning machines and hybrid machines with hard turning and grinding capacity. With its headquarters in Haarlem (The Netherlands), the company has manufactured ultra precision turning machines with in-house hydrostatic technology since 1969. It is a healthy profitable company and in 2018 it had a turnover in excess of 14 million euros. Hembrug employs more than 60 people and is present in the bearing industry, mould & die sector, but also the precision industry. It has since long a strong presence in Europe, and has in the last decade extended its network in North America and several Asian countries