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Zollern Completes Eurocast Takeover

Sept. 26, 2011
Consolidation in EU investment casting business
The Zollern Group, a German conglomerate that manufactures sand castings and investment castings, among other products, is taking over a rival’s business. Zollern agreed with Aalberts Industries to acquire Eurocast B.V. for an unreported price, and will consolidate the Dutch investment casting operation with its own activities at Soest, Germany. Eurocast produces precision cast components for aerospace, medical, and electronics customers. Zollern will take over the contracts and assets of Eurocast, and the business’s sales and customer service activities will be integrated into Zollern's sales network. Zollern produces castings in steel and copper alloys, investment castings in steel, aluminum, and el-cobalt-based super alloys; and forged discs and rings in copper and copper alloys. The group also produces drive system products (gears, winches, direct-drive motors); bearings, and steel profiles. "One of our main business fields is investment casting for high-tech applications. This year, we will exceed the revenue threshold of 100 million Euros in this field. Our plant in Soest specializes in high-strength aluminum investment casting and will be strategically expanded for the group,” explained Dr. Klaus F. Erkes, Zollern Group CEO. “Along with expanding the customer base, the Eurocast acquisition will serve to combine existing expertise and further improve productivity at this location,” Erkes continued. “With the patented SOPHIA process, which is used at the plant in Soest, there will likely be opportunities for the existing Eurocast customers to intensify their business relationships. In any case, these customers will continue to be competently and reliably supported - now according to high Zollern standards."