In line with its strategic plan to expand the Sandvik Machining Solutions division's global offering in digital technology-assisted manufacturing, last July Sandvik acquired the French company Metrologic Group from Astorg Partners for 360 million euros.
In the fiscal year ending September 2017, Metrologic Group, headquartered in Meylan, (Grenoble - Rhône-Alpes), generated sales of 43.3 million euros. Metrologic Group would form a new business unit within a new product area in the Sandvik Machining Solutions division, and maintain brand independence in line with Sandvik's decentralized model. The management of Metrologic Group remains unchanged.
"I am very pleased with this important first step towards an increased offering in digital-assisted manufacturing at Sandvik Machining Solutions. It broadens our offering and covers a wider part of the manufacturing value chain."explains Björn Rosengren, President and CEO of Sandvik.
"The association with Sandvik Machine Solutions will create synergies facilitating the seamless integration of 3D metrology into the manufacturing process. It also illustrates the need for digitization at all levels of manufacturing with a customer- and market-centric approach. This will certainly benefit our existing customers and the market in general by further linking the world of 3D metrology and manufacturing to our universal 3D measurement software Metrolog X4."says Bertrand Gili, Chairman of the Metrologic Group.
The combined offering from Sandvik Machining Solutions and Metrologic Group will help customers achieve a more seamless manufacturing chain by linking machining and quality assurance processes.
"By combining Sandvik Machining Solutions' know-how of materials, customer applications and machining processes with Metrologic's in-depth understanding of measurement technology, we would be able to further expand the offering of increased productivity. I am convinced that this step towards increased digital manufacturing will be key to Sandvik Machining Solutions' continued success."adds Klas Forsström, President of Sandvik Machining Solutions.
Learn more: www.metrologic.fr