BFW buys Proteck’s turning business

Bharat Fritz Werner (BFW) has acquired Proteck Machinery’s turning business, last month to expand its product range and capability. BFW, a ? 850-crore company, caters to a range of industrial sectors including automobile and automobile components, defence, aerospace, railways and energy.

BFW is the flagship company of the diversified Kothari Group and is an established player in milling and the acquisition fills a gap as Proteck brings expertise in turning.

Mr Ravi Raghavan, CEO, BFW, said the acquisition is effective from April 1 and brings in a business potential of about ?120 crore with ability to go up to ?250 crore in the next three years. BFW will target growth with focus on making high-end, multi-functional machines.

BFW’s German subsidiary Matec makes high-tech machining centres giving it global reach to milling markets.

BFW buys Proteck’s turning business

Latest News

Do More with Your Doosan: Harness the Power of Big-Plus® Spindles

OPEN MIND celebrates its 25th company anniversary

SIGMA TEK Systems India announced an agreement with Pune based engineering Software provider Green Apple Solutions.

Global Machine Tool Trading & Sourcing Made Simpler at IMTOS 2019

ANSYS Announces Indian Institute of Technology Bombay PHD Fellowship Program

OMAX and Hypertherm form leading waterjet offering in the industry after successful close of merger agreement

Tungaloy Expands BXA20 T-CBN Inserts to Enhance Its Solutions for Hard Turning

ABB and Ericsson join forces to accelerate wireless automation for flexible factories

Autodesk Appoints Blake Irving to Board of Directors

Powerhouse with a long stroke for collaborative applications

Stratasys Set to Disrupt Traditional Stereolithography 3D Printing with New Configurable, Large-Scale System

TRUMPF completes acquisition of Philips Photonics

Siemens’ MindSphere on Alibaba Cloud ready to power the Industrial Internet of Things in China

Hannover Messe 2019: Artificial intelligence paves the way for autonomous gripping

GE Additive selected by GA-ASI to accelerate metal additive growth

ABB is writing the future of digital industries at Hannover Messe

7D Kinematic Metrology has acquired the iGPS dynamic tracking business from Nikon Metrology

The factory of the future will be driven by cloud computing

Swisslog and KUKA present joint development

Renishaw to launch its new OPTiMUM™ diamond styli range at Control 2019

Renishaw to showcase ‘factory of the future’ technologies at CIMT 2019

Related News

Renishaw helps AM industry to grow at AMUG 2019

OMAX plans to join forces with Hypertherm, strengthening its waterjet industry leadership position

Mazak Further Expands Processing Flexibility With HYBRID FSW

Announcing the 2019 Wildest Parts Competition: Mastercam

OMRON ELECTRONICS at HANNOVER MESSE 2019

SCHUNK at the Hannover Messe 2019

HANNOVER MESSE to spearhead industrial use of 5G

ABB and Dassault Systèmes enter global software partnership for digital industries

Case Studies

Aerospace: Sogeti - Additive Manufacturing for the new A350 XWB

INTECH DMLS Achieves 27% Weight Reduction in 3D Printed Satellite Component using Altair InspireTM and OptiStructTM

Renishaw and Hartford combine to deliver intelligent, ‘smart factory’ solutions

Capacity Ahead Of Demand Is Going To Be The Driving Factor For Growth: General Machine Tools

Customer Support is Very Crucial for The Success: Padmavati Group

HAAS moulds the future for Mechasoft through Reliability and Flexibility

HAAS - Enabling Leonine Deliver Highly Precise, Highly Accurate, High Volume Components

Renishaw AM technology helps Swinburne electric car to best-ever Formula SAE result

Exchanging metal 3D printing solutions with HiETA

KOMET® GROUP innovates cutting tools using metal 3D printing technology

Hermle machines are reliable and helps maintain the desired accuracy: Seco Tools , Case Study

Spiral 3D Technologies enhances investment casting with 3D printing technology from Divide By Zero

Interviews

Niraj Wanikar, M.D., CNCTimes P. Ltd. talks about Plant Manager – a revolutionary Production, Planning and Control software.

Mr Cyril Pereira, MD, Reed Triune Exhibitions, talks about AMTEX 2018

Mr. Benedikt Ruf, MD, GINDUMAC GmbH and Mr. Pankaj Patel, Country Manager, GINDUMAC GmbH share their views about AMTEX 2018 and the Indian Market

HMB International is getting overwhelming response at AMTEX 2018: Mr Gopal Bali, Country Manager Sales, HMB International

SLTL is a global leader in CNC laser services: Mr Maulik Patel, Business Development - International, SLTL Group

Indian customers shower trust on HAAS, and Phillips has perpetually strived to make this a reality.

“Engimach helps you to reach the right audience.”:Macpower CNC

‘Engimach is the best platform to showcase your products’ : Gravotech

Nicolas Correa is Expanding Presence in India by Providing Complete Solutions:Jose Nicolas Correa

Indian market is very interesting and important for GROB: Alexander Attenberger

LMW always adds values to its system: K Soundhar Rajhan

Want to make Plazma Technologies a brand that India is proud of: Arundhati

Product Showcase

GENOS L3000-E from OKUMA

OPTIPLEX 3015 FIBER III from Mazak

LASERTEC 12 SLM – four-times more accurate than the industry standard!

VLC 200 GT from EMAG: Combining technologies to machine state-of-the-art transmission components

TruLaser Tube 5000 from TRUMPF

Highly dynamic production machine with a footprint of 4.2 m² from DMG MORI

EOS M 300-4

New Laser Marking range from SIC markings

Makino's F series is the formula for success

Gas-tight blowers for additive manufacturing methods from Becker

TruPunch 5000 from TRUMPF

Robotic Belt Grinding Machine – RCG Series from Grind Master

Technical Articles

Development of Two Types of Sintering Bonding Materials for Next-generation Power Modules

THE PRECISE GEOMETRY OF 3D CUTTING KBM motors as a byword for accuracy in laser cutting

Fire risks in a CNC

Group Technology: Operational Excellence in the Industry 4.0 Era

PRACTICAL APPROACH TO CONTROL WASTE IN MANUFACTURING

PiWeb from Zeiss Metrology: Quality Data Management with Easy Reporting

Chamfering and Deburring gears precisely to achieve smoother gear transmissions

New milestones in microfinishing--Precision engineered finish for auto parts