At the end of September 2023 we have acquired all of the stock of Acme Holding Company. Acme Abrasives is a specialised abrasives manufacturer and provider based in Michigan and is now our seventh manufacturing plant in the US.
This acquisition is a strategic move that will further expand the product portfolio for the steel and foundry as well as the rail industry. Acme Abrasives is one of the leading manufacturers in North America for hot pressed grinding wheels for the steel and specialty steel industry’s grinding needs. We will integrate Acme wheels in our portfolio of grinding and specialty abrasive solutions for industrial clients.
Our CEO Thomas Friess comments: “We have built a successful global economic base that allows us to further pursue our strategic direction of business activities. The further expansion of our portfolio – especially for crucial industries like steel, foundry and rail – strengthens our operational competitiveness.”