LVD expands tube cutting machine portfolio with merger

LVD Company has announced that it has entered into an operational merger with AltaMAR, a tube cutting machine manufacturer. The operational merger of the companies will combine sales, service, production and research and development facilities.

The agreement will expand the product offerings and market reach of both companies and will create one of the industry’s largest sheet metalworking equipment manufacturers with manufacturing facilities in Belgium, Central Europe, the U.S. and China, providing representation in over 50 countries worldwide including 20 direct sales and service subsidiaries.

Under the agreement each company will maintain their independent corporate identity but will combine key operations in the areas of sales, service, production and engineering development.

All AltaMAR tube laser cutting machines will be manufactured by Strippit Inc. at its Akron, NY manufacturing plant for the world market and will collaborate with AltaMAR on research and development efforts for future tube cutting products and technology.

The complete range of AltaMAR tube cutting machines will be added to LVD’s existing product portfolio. The result will be the industry’s most comprehensive product offering with a broad range of capabilities and an extensive line of automated systems.

LVD and AltaMAR sales and service operations will be merged to provide integrated sales and service network for LVD and AltaMAR customers alike.

For more information, visit www.lvdgroup.com.