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AICHELIN Group acquires US-market leader

July 18, 2016

Austrian AICHELIN Group acquires AFC-Holcroft, part of the Atmosphere Group and US market leader in heat treatment solutions. This consolidation significantly strengthens the market position of AICHELIN GROUP and increases the joint annual turnover to EUR 195 million (2015), generated by 1,100 employees.

A step towards a global business

AICHELIN Group  acquired US-based Atmosphere Group, holding company of AFC-Holcroft . The two groups are a perfect fit: Both are leading market players with a long-standing history and state-of-the-art technologies and services in the industrial area of heat treatment solutions. The acquisition complements the geographic presence of AICHELIN Group and strengthens the Group’s overall market position as one of the leading global heat treatment groups. The AICHELIN Group with its manufacturing companies AICHELIN, EMA IndutecSAFEDBOSIO  and Noxmat   is now the largest provider of Atmosphere furnaces world-wide. With a strong presence in Europe, North America and Asia, the joint annual turnover generated by 1,100 employees amounts to over EUR 195 million (2015). The group operates a network in 32 countries. The acquisition complements the geographic presence of AICHELIN Group and strengthens the Group’s overall market position as one of the leading global heat treatment groups.

Extended product portfolio and services for customers

AICHELIN Group’s business model covers all stages of the lifecycle: From design, engineering, manufacturing and installation at customer sites to comprehensive maintenance and spare part services. By combining the networks of AICHELIN Group and AFC-Holcroft, customers will get the best of two worlds: An enlarged, high quality product portfolio as well as a process innovative, world-wide service network.

For the complete press release and additional details please follow the link below. 

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