Swiss Tool Systems AG has been acquired
We are very pleased to announce that Swiss Tool Systems AG has been acquired by the Swiss company Schaublin SA, which is a subsidiary of RBC Bearings Incorporated.
Daniel Martin, General Manager of the Swiss Tools Group: "The merger with Schaublin SA brings Swiss Tool Systems AG excellent strategic options for the future, both locally and internationally through cooperation with Schaublin SA and their global network. Together we see lots of potential for Swiss Tool Systems AG and the possibility of a strong partnership."
Schaublin SA, a wholly owned subsidiary of RBC Bearings Incorporated, develops and manufactures bearings for aerospace, railway and industrial applications. Schaublin SA also develops and manufactures various clamping tools for turning and grinding applications. Schaublin SA is based in Délémont, Switzerland.
RBC Bearings Incorporated is an international manufacturer and marketer of highly engineered precision bearings and components. Founded in 1919, the Company is primarily focused on producing highly technical or regulated bearing products and components requiring sophisticated design, testing, and manufacturing capabilities for the diversified industrial, aerospace, and defence markets. The Company is headquartered in Oxford, Connecticut, US.
Should you have any questions regarding this new partnership, please do not hesitate to contact us. At the upcoming EMO exhibition in Hannover (16th – 21st of September 2019), Schaublin SA and Swiss Tool Systems AG will be present to discuss.
|Swiss Tool Systems AG|
SWISS TOOL SYSTEMS AG
Phone: +41 (0)71 634 85 20
Fax: +41 (0)71 634 85 29