Prometec GmbH Becomes Part of Sandvik Coromant
April 1, 2016
Sandvik Coromant adds to its offering in digital manufacturing by the acquisition of the German company Prometec GmbH, based in Aachen.
Prometec is a supplier of advanced solutions for monitoring and control of machining processes in production machines. The company also supplies equipment for laser beam diagnostics and primarily operates in the European and North American market. A large part of the customer base comes from the global automotive industry.
The acquisition includes all shares in Prometec GmbH. Prometec will be integrated with Sandvik Coromant, a product area within Sandvik Machining Solutions.
The new Managing Director for Prometec GmbH is Dr. Klaus Christoffel, previously Manager Product Management & Design for Sandvik Coromant in Germany. "The acquisition is a natural step in line with the Sandvik Coromant long-term strategy to develop solutions in the field of digital manufacturing, also called Industry 4.0. In this area, we want to offer our customers monitoring solutions that support both the planning and the control of production."
"The acquisition of Prometec has great importance for several reasons: Prometec adds an important skill set in the field of digital manufacturing and, together with Sandvik Coromant, opens new business opportunities for an expansion in this area," says Klas Forsström, President of Sandvik Coromant.
For more information contact:
Sandvik Coromant US
1702 Nevins Road
P.O. Box 428
Fair Lawn, NJ 07410-0428
800-SANDVIK / 201-794-5000
us.coromant@sandvik.com
www.sandvik.coromant.com
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