EMAG Acquires CNC lathe specialist Scherer Feinbau
- August 5, 2020
Scherer Feinbau is a specialist in manufacturing CNC vertical lathes and vertical shaft turning machines for the automotive, aerospace, mechanical engineering and casting industries.
Scherer has specialized in vertical CNC lathes for workpieces with turning diameters of between 160 and 550 mm (6 and 22 in), and shaft turning centers for workpieces with turning diameters of between 250 and 350 mm (10 and 14 in), with a particular focus on manufacturing brake discs.
The acquisition will give Scherer a worldwide presence through all of the market companies within the EMAG Group. Scherer customers will benefit from EMAG’s service network, with technicians available around the world.
For EMAG, the acquisition represents the continuation of its growth strategy to expand its technological expertise and market share.
“Over the past few years, Scherer has developed robust solutions for the manufacturing of brake discs, which will continue to be vital for the future of the automotive industry – across all types of drives. We expect new market opportunities and developments to come from this expertise,” said Markus Heßbrüggen, CEO of the EMAG Group.
“As a result of this strategy, today the EMAG Group is one of the few manufacturers that can cover the entire process chain, from soft to hard machining, with its production systems, boasting a wealth of application expertise. With the takeover of Scherer, we are continuing down that road to success,” says Heßbrüggen.