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Techniks Tool Group merges with Eppinger Group
- May 25, 2023
- News Release
- Metalworking
Techniks Tool Group has merged with Eppinger Group, a manufacturer of driven and static tools for CNC lathes as well as precision gear and gearboxes for automation and robotic applications. The combined businesses will be named Eppinger Technologies. The company’s main brands of Techniks, Parlec, Eppinger, and Exsys will continue to lead customer-facing operations.
“This transaction enhances our global positioning and provides us a broader platform, expanded manufacturing and distribution channels, and a wider customer set from which to grow,” said Dean Glover, CEO of Techniks Tool Group.
“We were attracted to Techniks Tool Group because they share our focus on innovation, superior quality, technical support, and customer service. We are excited to partner together to address the technical need of an expanded customer base across the market spectrum,” said Eppinger Managing Director Uwe Eppinger.
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