The Kurtz Ersa Group has sold its foundry machinery division to FILL GmbH in a private transaction. Both sides agreed not to disclose the sale price.
The sale includes patents, technologies, and technical know-how for low-pressure casting machines, together with current customer contacts and ongoing business opportunities. Their announcement emphasized that FILL will ensure ongoing global service for Kurtz foundry equipment.
Headquartered in Kreuzwertheim, Germany, Kurtz Ersa operates across several sectors: electronics manufacturing equipment; automation systems; and additive manufacturing, as well as the former molding and casting equipment. (In 2018 the group divested its iron foundry, which it had operated for more than 160 years.)
Kurtz explained that it is increasing its business focus on “standardized, globally scalable solutions”, particularly in the electronics industry.
“We made a conscious decision to transfer our business with customized special solutions to our long-standing market competitor and project partner FILL,” explained CEO Thomas Mühleck. “With complete automated casting lines including machining, FILL offers the ideal platform to successfully continue the Kurtz foundry machinery business in the best interests of our long-standing customers.”
Headquartered in Gurten, Austria, FILL supplies robotic manufacturing systems; casting and foundry equipment; CNC and machining systems; composite manufacturing systems; automated production lines; ultrasonic inspection systems; and machinery for ski and snowboard production.
“Our customers benefit from a strong range of services,” stated CEO Andreas Fill. “We develop complete systems for manufacturing even the most complex components and supply fully automated production lines that perform all necessary operations - from casting, cooling, core removal, casting finishing, and machining to testing and packaging.”
The transaction will close in July.
