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Forkardt Hardinge Enhances Offerings with ATS Acquisition in Machine Tool Sector

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Cashu
about 1 month ago
Cashu TLDR
  • Forkardt Hardinge acquired ATS Systems to enhance its product offerings and strengthen its machine tool industry presence.
  • The integration aims to streamline production, boost efficiency, and unify sales and service networks.
  • ATS Systems' established products will enrich Forkardt Hardinge's portfolio, ensuring quality and customer support continuity.
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ATS
ATS .
-1.27%

Forkardt Hardinge Expands Capabilities with ATS Systems Acquisition

In a strategic move to strengthen its position in the machine tool industry, Forkardt Hardinge announces its acquisition of ATS Systems, a well-known supplier of machine tool accessories. This acquisition, finalized on June 9, 2025, marks a significant step forward for Forkardt Hardinge, enhancing its ability to provide comprehensive solutions across various industrial sectors. This development follows the company’s partnership with Centre Lane Partners, which began in September 2024, and underscores Forkardt Hardinge's commitment to expanding its operational footprint and product offerings.

CEO Ryan Ervin expresses enthusiasm about the acquisition, stating it aligns with the company's commercial and product strategy. By integrating ATS Systems into its operations, Forkardt Hardinge aims to create a unified product portfolio that enhances both sales and service networks. The acquisition is not merely about expanding product lines; it is also focused on streamlining production processes and boosting operational efficiency. This aligns with the company’s long-standing commitment to delivering high-quality, American-made products, ensuring that customers benefit from both ATS’s established product offerings and Forkardt Hardinge’s robust global engineering and customer service capabilities.

With a legacy spanning over 130 years, Forkardt Hardinge has positioned itself as a premier supplier in the workholding segment. The company maintains a diverse product portfolio tailored to meet the needs of various industries. The acquisition of ATS Systems not only broadens this portfolio but also opens the door for further partnerships with additional machine tool accessory firms. Ervin invites interested parties to engage in discussions regarding future collaborations, indicating Forkardt Hardinge’s proactive approach to growth and innovation in the competitive landscape of machine tool accessories.

In conjunction with this acquisition, Forkardt Hardinge continues to emphasize its dedication to quality and customer service. The integration of ATS Systems is designed to ensure that existing customers retain access to a full range of products while benefiting from enhanced support and expertise. This strategic initiative reflects the company's ongoing efforts to adapt and thrive in a rapidly evolving industry landscape.

Additionally, Centre Lane Partners highlights the acquisition as a pivotal moment in their strategic vision to develop a comprehensive portfolio of world-class machine tool accessories. This collaboration signals a robust commitment to innovation and excellence that both companies share, setting the stage for future growth and industry leadership.

The content provided here is for informational purposes only and should not be considered financial or investment advice. Investing in stocks carries risks, including potential loss of principal. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We are not responsible for any losses or damages resulting from your use of this information.

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