Norican Group, one of the world’s leading providers of technology and services for metallic parts enhancement through DISA and Wheelabrator Group, has completed the acquisition of the Light Metal Casting Solutions Group (LMCS). The transaction was announced on 21st February 2017. LMCS, together with its subsidiaries, is a leading group of companies, comprising StrikoWestofen, Italpresse and Gauss, focused on the non-ferrous, light metal casting industry.
“We are excited to welcome our new LMCS colleagues to the Norican team,” said Robert E Joyce Jr, president and CEO of Norican. “Their talent and experience will be a notable addition to the group. This is another key milestone in the history of the Norican Group, and one that will bring meaningful value to our collective customers.”
Commenting, Rudolf Riedel, president and CEO of StrikoWestofen, and LMCS speaker of the board, said: “I am pleased with the potential of bringing together five leading brands – especially the potential to provide integrated solutions for our customers’ evolving Industry 4.0 requirements.”
President and CEO of Italpresse/Gauss, Carlo Scalmana, added: “The range of the production processes and services offered by the Norican and LMCS brands provides opportunities to serve both existing and new customers around the world. We believe our combined vision for developing innovative and integrated solutions through our core Norican brands (old and new) is what our customers prefer in a market leader.”
Joyce concluded: “We continue to invest in our customers’ success. We expect this combination of technologically innovative companies to provide complete solutions for our customers, whether they work with ferrous or non-ferrous metal parts.”