Ceramic Industry News

Netzsch Group Remains Independent

August 18, 2003
/ Print / Reprints /
ShareMore
/ Text Size+
In April 2003, the Netzsch Group and Colfax Corp. announced plans to join forces, with Colfax intending to acquire the Netzsch Group. While the Federal Cartel Office had approved the merger, the acquisition has been called off by Colfax, which stated that it could not meet the parameters of the acquisition finance facility. "We find it unfortunate, since we saw attractive synergies in a merger of the Netzsch and Colfax groups," said Thomas Netzsch, managing shareholder of the Netzsch Group. "However, the Netzsch Group will continue to independently pursue its successful path. The amount of orders on hand at the beginning of the current business year starting July 1 is 10% higher than in the previous year. We will achieve our strategic goals in all areas on our own strength. We have numerous projects which will continue to develop and strengthen our market position."

The company's website is located at http://www.netzschusa.com .

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

May 2014 Issue Highlights

Our May 2014 issue is now available!

Podcasts

Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts

Ceramic Industry Magazine

CI August 2014 cover

2014 August

Explore technical ceramics, glasses and refractories in our August issue!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px