M&A Deal Summary

Hardinge Acquires Peter Wolters - Voumard Internal Diameter

On September 9, 2014, Hardinge acquired machinery company Peter Wolters - Voumard Internal Diameter from Peter Wolters

Acquisition Highlights
  • This is Hardinge’s 4th transaction in the Machinery sector.
  • This is Hardinge’s 2nd transaction in Germany.

M&A Deal Summary

Date 2014-09-09
Target Peter Wolters - Voumard Internal Diameter
Sector Machinery
Buyer(s) Hardinge
Sellers(s) Peter Wolters
Deal Type Divestiture

Target

Peter Wolters - Voumard Internal Diameter

Germany
Peter Wolters - Voumard Internal Diameter is a provider of ID grinding market with an installed base of over 9,000 machine solutions serving more than 2,500 customers around the world.

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Buyer(S) 1

Buyer

Hardinge

Elmira, New York, United States

Category Company
Founded 1890
Sector Machinery
Employees1,496
Revenue 315M USD (2015)
DESCRIPTION

Hardinge is a global provider of high precision, computer-controlled machine tool solutions for critical, hard-to-machine metal parts and advanced workholding accessories. Hardinge offers a variety of metal cutting turning machines, grinding machines, machining centers, collets, chucks, index fixtures, repair parts, standard and specialty workholding devices, and other machine tool accessories to provide a full solution for your business needs. Hardinge’s solutions can be found in a broad base of industries including aerospace, agricultural, automotive, construction, consumer products, defense, energy, medical, technology and transportation. Hardinge is based in Berwyn, Pennsylvania.


DEAL STATS #
Overall 4 of 6
Sector: Machinery M&A 4 of 5
Type: Divestiture M&A Deals 2 of 2
Country: Germany M&A 2 of 3
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-09 Illinois Tool Works - Forkardt Operations

Germany

Illinois Tool Works - Forkardt Operations is a providers of high-precision, specialty and customized workholding devices for machine tools.

Buy $34M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-20 Weisser

St. Georgen, Germany

Weisser is a manufacturer and turnkey solution provider of high precision, multifunctional turning machines, and turning centers as well as automation solutions. Weisser is based in St. Georgen, Germany.

Buy -

Seller(S) 1

SELLER

Peter Wolters

Rendsburg, Germany

Category Company
Founded 1974
Sector Machinery
DESCRIPTION

Peter Wolters is a provider of high-precision machine tools and systems for surface processing of a variety of different types of work pieces.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-01 Peter Wolters - Voumard Internal Diameter

Germany

Peter Wolters - Voumard Internal Diameter is a provider of ID grinding market with an installed base of over 9,000 machine solutions serving more than 2,500 customers around the world.

Buy -