TOLUS Group AG
Switzerland · CurrentCustomization of CNC machine tools
Together with Suvema AG, acquired by Halder in October 2019, and the recent acquisition of Newemag AG, Halder will form the leading technology provider of customized CNC machine tools in Switzerland. Both companies will continue their growth path as independent entities within one group. Pirmin Zehnder, CEO and seller of Newemag AG, will join the group’s management team and will become a shareholder of the group.
Suvema AG has been active in the Swiss machine tool market for more than 45 years with the customization of CNC turning / milling and multitasking machines offering its customers a comprehensive product and service portfolio.
Newemag AG is one of the leading suppliers of machine tools in Switzerland, active in the market since 1975. The product portfolio includes turning and milling machines as well as machining centers with 5-axis machining with the possibility of simultaneous machining. The company serves more than 400 customers in diversified end-markets.
The increasing demand for automation, productivity gains and further capacity expansions in the Swiss manufacturing industries will provide excellent growth opportunities for both companies. Leveraging each other’s core strengths within one group will enable both companies to unlock additional growth potential.
Newemag proved to be highly complementary to the technology portfolio and customer base of Suvema. Both are exclusively representing highly reputable CNC machine tool OEMs in Switzerland and will serve more than 1,000 joint customers with an installed base of more than 4,000 CNC machine tools. Both companies and their teams have an excellent level of technology and application know-how and are very well connected within the Swiss manufacturing industries.
Roland Gutknecht, CEO of Suvema AG outlines: “By combining the skills of Suvema and Newemag, Halder is laying a solid foundation for the future with an undisputed leadership position in the turning and milling market. Despite a similar field of activity, the two companies are very complementary and will therefore benefit each other from technology transfer.”
“Both companies are a very good fit in terms of culture, technical expertise as well as value proposition”, explains Pirmin Zehnder, Shareholder and CEO of Newemag AG. “Together we are stronger with a continued focus on customers.“
Christian Muschalik, Managing Partner at Halder summarizes: "The acquisition of Newemag is highly complementary to Suvema. Based on the outstanding capabilities of both companies, the newly formed group will be able to further exploit joint growth opportunities to foster its market leading position."