Gurit has announced that it has completed acquisition of PH Windsolutions as announced on April 26, 2017. As part of the transaction, the newly founded Gurit Tooling (Americas) Inc. has successfully closed the acquisition of PH Windsolutions Inc.’s business and Gurit Holding AG has acquired all the shares in PH Windsolutions BV which is being rebranded Gurit Tooling (Netherlands) BV.
With the conclusion of the transaction, Gurit Tooling is now operating out of four operations centres: Taicang (China), Montreal (Canada), Szczecin (Poland) and Losser (The Netherlands). PH Windsolutions specialises in wind blade mould automation systems (mould turning systems, mould alignment and clamping systems, mould heating systems and shear web installation devices) and related installation and customer service. PH Windsolutions generated a turnover of around CHF 12 million in 2016 and has a workforce of 66 employees.
Gurit completes acquisition of PH Windsolutions
Gurit has announced that it has successfully completed acquisition of PH Windsolutions as announced on April 26, 2017. As part of the transaction, the newly founded Gurit Tooling (Americas) Inc. has successfully closed the acquisition of PH Windsolutions Inc.’s business and Gurit Holding AG has acquired all the shares in PH Windsolutions BV which is being rebranded Gurit Tooling (Netherlands) BV. With the conclusion of the transaction, Gurit Tooling is now operating out of four operations centres: Taicang (China), Montreal (Canada), Szczecin (Poland) and Losser (The Netherlands). PH Windsolutions specialises in wind blade mould automation systems (mould turning systems, mould alignment and clamping systems, mould heating systems and shear web installation devices) and related installation and customer service. PH Windsolutions generated a turnover of around CHF 12 million in 2016 and has a workforce of 66 employees.
