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Fair Friend Group completes acquisition of MAG Group

  • Closing of transaction completed having received all required regulatory approvals
  • MAG joins one of the largest and fastest growing machine tool groups and will benefit from FFG’s global footprint and financial strength
  • Established MAG brand will become one of FFG’s key brands in the field of automotive applications
  • FFG’s machine tool division to generate annual sales of more than USD 2.3 billion (including MAG Group)

    Hüller Hille NBH 5 - Fast and lean for automated manufacturing

    Uhingen, November 23, 2015 – the Hüller Hille NBH series is well known for its qualities in various industries as a single machine with pallet changer or in flexible cells with a pallet storage system. The new NBH 5 is now tailored for manual, semi-automatic or fully automated direct loading in flexible and agile manufacturing systems, as they are used in the automotive OEM and tier supplier industry, but also increasingly by commercial vehicle manufacturers, hydraulics and industrial drive manufacturers.

    Milan: highlights from the EMO show

    Uhingen, October 16, 2015 – The Fair Friend Group and its German subsidiary FFG Werke GmbH draw a positive conclusion on their EMO 2015 presence. With a range of innovations and a customer-oriented market approach, the stand attracted over 3500 visitors and several substantial orders for high tech projects from various industries were booked.

    FFG and MAG sign sale and purchase contract

    • FFG acquires MAG Group, including 100 percent of the shares of MAG IAS GmbH
    • Closing of transaction expected in Q4 2015
    • Acquisition of MAG enhances FFG's footprint in Europe and North America and increases its presence in the automotive segment
    • MAG group will significantly improve its access to the growing Asian markets

    EMO 2015: FFG shows more than 30 machines in Milan

    Uhingen, August 21, 2015 – At this year’s EMO, which will take place in Milan, Italy, between October 5 and 10, FFG will show a wealth of manufacturing solutions: In hall 2, E01-G01, the Asian, European and American brands of the group will present over 30 machine tools and industry specific technologies for various applications. The highlights include new machine concepts and machining technologies, manufacturing systems and flexible standard solutions.

    Tailored metal cutting solutions for the UK industry

    Uhingen/Liverpool, April 20, 2015 – VDF Boehringer, Hessapp, Hüller Hille, Honsberg, Modul and Witzig & Frank - FFG Werke GmbH sets out to leverage its full market potential and utilize the opportunities and synergies of the global group also for its UK customers. 

    FFG Group signs agreement to acquire Swiss machine tool maker Pfiffner Group

    Utzenstorf/Uhingen, April 20, 2015 – The FFG Group has signed an agreement with the Pfiffner group to acquire all shares of the Pfiffner companies. The transaction will be finalized shortly, subject to confirmation by the relevant authorities. By taking over the Swiss manufacturer of precision rotary transfer machines, FFG enhances its portfolio and knowhow in the area of high volume machining.

    April shows: FFG Europe in France and China

    In April, industrial manufacturers in France and China have the chance to experience FFG Europe's metall cutting expertise live on site at the trade shows Industrie Lyon (April 7-10) and the leading Asian metalworking show CIMT Beijing (April 20-25). The renowned Italian and German brands VDF Boehringer, Hessapp, Hüller Hille, Jobs, Modul, Rambaudi, Sachman, Sigma and Witzig & Frank will present their entire portfolios and several technology highlights.

    Dr. Gerald Weber joins Supervisory Board of FFG Werke GmbH – company invests in manufacturing sites and headquarters

    In December, the Uhingen based machine tool manufacturer FFG Werke GmbH completed its corporate structure by establishing a Supervisory Board. The committee will be headed by Dr. Gerald Weber, who had held senior executive positions at Daimler and Airbus before. Recently the company had invested in its German locations, moving into new headquarters in Uhingen and taking over the Chemnitz plant which had been rented so far.