Quaser acquires Winbro Group Technologies
Quaser Group PLC Acquires Winbro Group Technologies Limited
QMT, a publicly traded company, is a leading manufacturer of advanced 5 axis machine tool technology with locations in Taiwan, USA and Europe. Winbro Group Technologies Limited is recognised as a global leader in providing manufacturing solutions to the Aerospace and Industrial Gas Turbine industries, based upon its core Laser and High Speed EDM cooling hole machining technologies, as well as Viper Grinding and ECM machining processes. Winbro provides turnkey machining systems, services and manufactured components from their UK and USA sites.
The acquisition of Winbro Group Technologies Limited follows a period of 7 years of close cooperation between the two companies, during which time QMT, as a high calibre 5 axis machine manufacturer, built and supplied 3 and 5 axis bases for Winbro’s HSD6 and HSA5 platforms.
The merger of the two businesses will open up opportunities for Quaser within the growing aerospace industry, through Winbro’s strong relationship and reputation within that sector. In addition Quaser’s extensive global network holds potential for Winbro’s technology to be modified and supplied to non-aerospace customers.
Quaser and Winbro will work together to provide industry-leading solutions, combining Quaser’s precision platforms and Winbro’s technology and application expertise. Together Quaser and Winbro will have joint sales in excess of $110m and some 500 employees.
Winbro's CEO, Mike Arbon stated "Joining the Quaser Group facilitates Winbro’s on-going drive to provide customers with innovative solutions while extending growing opportunities to Winbro employees.”
Quaser's Chairman, Samuel Hsieh said "Winbro is a strong recognised brand and a very meaningful addition to Quaser, on its journey of growing a global high-technology machine solutions provider.
For More Information Please Contact:
Mr. Richard Baxter
Global Capital Systems & Marketing Manager
Winbro Group Technologies
Whitwick Business Park
LE67 4JP, UK
Tel : +44 (0)1530.516.000
Email : email@example.com
Web : www.winbrogroup.com