EMAG Takes Over Scherer Feinbau & Expands Know-how

EMAG, the German machine builder headquartered in Salach near Göppingen, takes over Scherer Feinbau, a CNC vertical lathes & vertical shaft turning machines specialist, based out of Alzenau, Lower Franconia.

The two organisations benefit from the current acquisition. Scherer's CNC vertical lathes are marketed worldwide by EMAG. Providing an excellent global network within the automotive industry gives an ideal basis for future success. In addition, a worldwide service network will also be available as a contact for its customers in the future. On the other hand, the parent group is continuing a long-term strategy and has repeatedly succeeded in growing its own know-how along with market position through a clever expansion strategy, one such is this take over.

"Over the past few years Scherer has developed robust solutions for this application, which will continue to be of great importance for the automotive industry in the future - across all types of drives. We expect new market impulses and development chances from this know-how" affirmed Markus Heßbrüggen, CEO, EMAG Group, on the expansion. "As a result, the EMAG Group is today one of the few manufacturers that covers the entire process chain from soft to hard machining with its production systems and can boast a wealth of application know-how. With the takeover of Scherer, we are continuing that road to success."

www.emag.com

www.schererfeinbau.de