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‘maschine+werkzeug’ features article about CERATIZIT

ID: 1484162

A report titled ‘Takeover strengthens customer network in the USA’ about the acquisition of a majority holding in Best Carbide Cutting Tools, LLC by the CERATIZIT Group was published in the newsletter of the technical journal ‘maschine+werkzeug’ on 23 January.

(firmenpresse) - The US American subsidiary of the carbide specialist CERATIZIT has signed an agreement to acquire a majority stake in the Californian solid carbide tool producer Best Carbide Cutting Tools, LLC, known for the high quality of its products with a focus on high-end micro-tools. Jacques Lanners, Co-Chairman of the CERATIZIT Group’s Executive Board says that in taking this step CERATIZIT (link to: http://www.ceratizit.com/) is strengthening its customer network in the USA and building on a nation-wide network of distributors.

Mark Nunez, President of Best Carbide says: “Thanks to this partnership, Best Carbide will have access to CERATIZIT technology and expertise. This will help the company to improve its manufacturing processes, technical capabilities and the quality of tooling – with the goal of ultimately achieving a greater added value for our customers. For the first time in its 37-year history, Best Carbide becomes part of a global cutting tool organisation. We believe this will have substantial benefit for Best Carbide’s stability, growth and advancement. The agreement is a win-win situation for both companies. Best Carbide Cutting Tools will continue to operate as it does today, but now with full support from the CERATIZIT Group.”

Read the complete article from ''maschine+werkzeug'' for more information on this topic (in German) (link to: https://www.maschinewerkzeug.de/werkzeuge/uebersicht/artikel/mit-uebernahme-das-kundennetzwerk-in-den-usa-staerken-2779105.html?et_cid=1&et_lid=1&et_sub=mw_woechentlich).



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For over 95 years, CERATIZIT has been a pioneer developing exceptional hard material products for cutting tools and wear protection. The privately owned company, headquartered in Mamer, Luxembourg, develops and manufactures highly specialized tungsten carbide cutting tools, inserts, rods and wear parts. The CERATIZIT Group is the market leader in several wear part application areas and develops successful new types of hard metal, cermet and ceramic grades used for instance in the wood and stone working industry.



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PresseKontakt / Agentur:

CERATIZIT S.A.

101, Route de Holzem
LU-8232 Mamer
Luxembourg
T. +352 31 20 85-1
F. +352 31 19 11
E. info(at)ceratizit.com



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Bereitgestellt von Benutzer: Ceratizit
Datum: 02.02.2017 - 02:39 Uhr
Sprache: Deutsch
News-ID 1484162
Anzahl Zeichen: 3528

contact information:
Contact person:
Town:

Mamer


Phone: +352 31 20 85-1

Kategorie:

Machinery & Tools


Typ of Press Release: Unternehmensinformation
type of sending: Veröffentlichung
Date of sending: 02.02.2017
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