Sponsored By
Clare Goldsberry

May 19, 2016

1 Min Read
GF Machining to acquire Microlution Inc.

GF Machining Solutions (Geneva, Switzerland), a division of GF, has agreed to purchase 100% of the shares of Microlution Inc., a Chicago, IL–based specialist of micro-machining based on milling and laser technologies.

Microlution was founded in 2005 by three engineers from the Chicago region. It specializes in 5-axis milling and femtosecond laser–based hole drilling and micro-cutting for a range of industries including aerospace, medical and automotive. In 2015, the company reported a turnover of $10 million with a workforce of 30 employees.

The acquisition is in line with the stated strategy of GF Machining Solutions to enlarge its technology portfolio to cover the needs of its key target sectors such as the aerospace and medical fields. Both parties have agreed to keep the sales conditions confidential.

“We warmly welcome Microlution to GF. The company has developed within a short time a remarkable know-how in micro-machining, which complements very well the technology portfolio of GF Machining Solutions,” said Yves Serra, GF CEO. “We look forward to supporting Microluton in widening its presence in the United States and worldwide.”

Andy Phillip, President and Director of Microlution, commented: “We are excited for our team, products and technology to join forces with GF Machining Solutions. Microlution’s customers have benefitted from our innovative systems for nearly 10 years. With our new partner we will increase our ability to serve our customers and grow.”

GF Machining Solutions provides machine tools and automation products and services related to the production of molds, dies and value-added metal parts. The division has R&D and manufacturing facilities in Switzerland, Sweden and China, and serves its customers through its own sales companies in more than 50 countries.

About the Author(s)

Clare Goldsberry

Until she retired in September 2021, Clare Goldsberry reported on the plastics industry for more than 30 years. In addition to the 10,000+ articles she has written, by her own estimation, she is the author of several books, including The Business of Injection Molding: How to succeed as a custom molder and Purchasing Injection Molds: A buyers guide. Goldsberry is a member of the Plastics Pioneers Association. She reflected on her long career in "Time to Say Good-Bye."

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