Allied acquires German boring tool manufacturer

Allied Machine & Engineering has announced the acquisition of a majority of shares in Wohlhaupter of Frickenhausen, Germany, Wohlhaupter USA, and Wohlhaupter India.

Wohlhaupter is a manufacturer of modular tool systems for machining centres and mill/turning machines, facing and boring heads, grooving heads, clamping tools and customised solutions for boring operations.

Bill Stokey, president and CEO of Allied said: “Allied Machine is a perfect fit with Wohlhaupter. Both are family-owned companies whose foundations are built upon excellent quality, flexibility and the ability to customise products and services, as well as a preference for building strong partnerships with our customers. These commonalities will produce a seamless integration of our philosophies and services.”

“By acquiring Wohlhaupter, Allied has added the world’s widest range of precision boring tools to our already vast array of available products,” added Eric Tope, vice president of marketing and sales. “Equally important is the fact that Allied now has a manufacturing presence in Europe and an additional 30 field sales engineers throughout the USA, Germany and India.”

Allied Machine & Engineering www.alliedmachine.com