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GFMS acquires Microlution
- July 13, 2016
- News Release
- Metalworking
GF Machining Solutions has purchased 100 per cent of the shares of Microlution, a Chicago-based developer of micromachining products incorporating milling and laser technologies.
“We warmly welcome Microlution to GF,” said Yves Serra, CEO of GF. “The company has developed, within a short time, a remarkable know-how in micromachining, which complements very well the technology portfolio of GF Machining Solutions. We look forward to supporting Microlution in widening its presence in the U.S. and worldwide.”
Microlution was founded in 2005 by three engineers from the Chicago region.
The company specializes in 5-axis milling and femtosecond laser for hole drilling and microcutting applications for numerous industries, including aerospace, medical, and automotive. It generated U.S.$10 million in sales in 2015 and employs 30 individuals.
“We are excited for our team, products, and technology to join forces with GF Machining Solutions,” said Andy Phillip, president and director of Microlution. “Microlution’s customers have benefited from our innovative systems for nearly 10 years. With our new partner, we will increase our ability to serve customers and grow.”
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