Machines

Surface treatments by Tornos?

February 2011

This morning Tornos Holding announced officially that the company will propose a new concept/machine for surface treatments. We don’t have any technical information yet… and also no calendar for market introduction.

Tornos Holding S.A. is acquiring the patents and know-how for a new machine concept that will enable to surface-treat machined parts. The acquisition responds to a major market need by enabling Tornos Group customers to increase their own share of the value-added chain, shorten their production cycles and directly deliver finished parts. This acquisition is in line with the Group’s general strategy of evolving from a machine builder into a system provider.

Tornos Holding S.A. is purchasing the technology by acquiring the fledgling company that holds the intellectual property rights to the new concept. The transaction price is 300,000 shares in Tornos Holding S.A. which will be issued from authorized share capital.

I will gather more information about this major move toward a vertical integration of various technologies and come back as soon as possible.

How will it look like?
Will it be a radically new concept?
Will the high precision turners be willing to enter that world?
Will we see this machine at EMO?
...

Stay tuned…

Cheers Pierre-Yves Kohler

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Surface treatments by Tornos?

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