New acquisitions and new factory form part of company’s plan to be a globally top-20 machine-tool manufacturer by 2020.
Taiwan-based Tongtai Machine & Tool Co., Ltd. has acquired a 76 per cent stake in Austria-based mbi-group Beteiligung GmbH, the holding company of Anger Machining, which is a machine manufacturer and auto components supplier, and Hellmerich, a manufacturer of precision components for the machine tool sector, for a more than Euro 20 million. The mbi-group Beteiligung GmbH employs about 225 people and has annual sales of Euro 40 million.
Headquartered in Traun (AT), Anger manufactures high-performance transfer centres. Through unrivalled precision and production efficiency Anger transfer centres revolutionised serial part machining processes in the automotive, vehicle and general metal processing industry. Anger focuses on future-oriented applications for engine, transmission and chassis parts in aluminium or steel.
Based in Seeboden, Austria Hellmerich manufactures precision multi-spindle heads, crown turret heads and precision components for the machine tool sector.
Family-owned, listed Tongtai is one of the largest machine tool companies in Taiwan. Its broad product portfolio covers advanced manufacturing solutions for diverse industries from automotive to general manufacturing and aerospace.
Its technological competence and renowned brand make Anger an important pillar in Tongtai’s technology growth and global expansion strategy. The new partner enables Anger to broaden its international footprint in Asia and America and to roll out their new ground-breaking FLXBL product line.
Tongtai is the third biggest CNC machine tool company in Taiwan with manufacturing facilities in Taiwan, China, Thailand, Vietnam, Malaysia, Japan, Indonesia, Rumania and France, as well as several sales and service representations worldwide. Besides its strong presence in Asia, Tongtai aims at developing new European markets by investing into selected technology companies. With the acquisition of the French machine tool company PCI in April this year and the strategic partnership with Anger, Tongtai Group further expands its product and customer portfolio.
Extended product portfolio and manufacturing facilities
Tongtai recently broke ground to construct its second factory at the Luzhu Science Park in the Southern Taiwan Science Park, as part of its plan to be a globally top-20 machine-tool manufacturer by 2020 by building high-end machines for the automotive and aircraft industries.
The new factory is scheduled to start production in the second quarter of 2016, to mainly turn out horizontal machining centers, horizontal boring machines, five-axis horizontal machining centers, and heavy-duty milling machines.
Tongtai will spend as much as NT$600 million (US$19.35 million) to build this factory, which will help boost corporate revenue to NT$20 billion (US$645.16 million) by 2020 from 2015’s projected NT$10 billion (US$322.58 million), with predicted contribution of NT$1 billion (US$32.25 million) in revenue initially.
The company expects the new factory to help swell its revenue from sales of machines tools for the aircraft industry, based on studies by market consultancies that global demand for such processing machines is to gain momentum in 2016.
For further details contact PBS Machine Tools on TEL: 011 914 3360 or visit www.pbsmt.co.za