The Poclain Group has announced the acquisition of Grandry Technologies, a specialist in the manufacture of complex molded parts from nodular cast iron and located in Sablé-sur-Sarthe, France.
This upstream integration of a castings company is the result of a long-term strategic approach from Poclain. This acquisition will foster productive synergies, increasing the added value beneficial to the customers of both companies.
With its international expertise and financial capacity, Poclain will enable Grandry Technologies to accelerate its international business development and support its long-term investment plan. In return, Grandry Technologies brings to Poclain its expertise in highly cored castings essential components in the design and performance of hydrostatic transmissions.
Founded in 1848, Grandry Technologies is ISO TS16949 certified and known for its industrial excellence. The company is a valued supplier to sectors such as the automotive industry, heavy duty vehicles, buses, military equipment, agricultural machinery, construction machinery and railway applications all over the world.
July 31, 2015