One of the world's leading machine tool manufacturers, the United Grinding Group, has a new owner. The new owner structure comprises a strategically aligned pool of investors organized by the Swiss BZ Bank Aktiengesellschaft. The sale of the Group by the Körber technology group was completed with effect from the end of June 29, 2018, following approval by the responsible supervisory authorities.

The United Grinding Group has experienced a very positive development in recent years and has been able to further expand its strong position in the machine tool market. Investments in innovative solutions, modern production technologies, the Group's international locations and consistent focus on customer benefit, have all contributed to this positive development. The new owners want to systematically continue this success with United Grinding and the course previously pursued so successfully.

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