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Avedon Capital Partners acquires majority in Wilhelm Altendorf GmbH & Co. KG

Avedon Capital Partners, an experienced growth capital investor, acquires a majority stake in Wilhelm Altendorf GmbH & Co. KG (`Altendorf Group´), the globally leading manufacturer of saws for craft processing of wood, metal and plastics located in Minden, Germany. Common objective is to extend the group´s premium position for machines and services in wood, metal and plastics processing with innovative products and technologies to sustainably capture new customer segments and markets through organic growth and by realizing external growth potential.

In the course of this succession solution with Avedon entering as new majority shareholder, the existing managing directors Joerg F. Mayer (43) and Wolfgang Ruhnau (48) acquired a minority stake in the company. As shareholders and managing directors they stand strongly for continuity in the management of the company and for embarking on a dynamic future for Altendorf. The Altendorf family, recently active in the third and fourth generation as shareholders and in the management respectively advisory board of Altendorf, appreciates the solid and sustainable setup of the group with its excellent and experienced management team and with Avedon as proven partner for the German Mittelstand, and retires from its corporate engagement. The transaction successfully closed on October 6, 2017. The Parties agreed not to disclose the purchase price or any further details to the transaction.

Altendorf Group, headquartered in Minden, looks back at a 110 year history and enjoys global brand awareness. The group’s most important product is the sliding table saw, developed by Wilhelm Altendorf in 1906. The model F 45, also called `The Altendorf´ is perceived around the world as synonym for brand and product. The company employs more than 250 people and has sustained continuous growth in the past years. In 2016 Altendorf Group generated revenues of 40m Eur. As driver of innovation, Altendorf Group takes a leading role in the wood-working handicraft sector and has a strong position for further national and international growth.

Together with the existing management team, Avedon intends to further diversify the company and to continue developing new customer segments with the brand of Altendorf. In the spirit of Altendorf as a premium brand, in particular the areas of R&D, sales and services will be further strengthened and sustainably expanded. Additional double-digit-million investments aim to further expand the product portfolio with special focus on digitalisation. In executing this strategy, the site in Minden will take an important role as the centre of global growth and of experienced employees in all organisational areas. Further investments into the organisation should ensure Altendorf Group’s position as leading innovator within the sector in future. Add-on acquisitions support in realizing the joint objective.

For further information:
Tel: 0049 571 95500
SCM Group Continues To Grow: Turnover For The First Half Of 2017 Up By 15%

Upward trend reinforced by the takeover of the German company HG Grimme.

The Board of Directors of SCM Group, a world leader in the machinery sector for processing wood, composites, plastic, glass, marble, metal and industrial components, met at the end of July 2017 to approve the financial report for the first half of 2017.

In the first six months of the current year the group has achieved a turnover of 311 million euro, an increase of 14.5 per cent compared to the 271,7 million euro reached in 2016.

On the basis of these incredible results, SCM Group expects to exceed the ambitious targets set for 2017.

SCM Group ended 2016 with a turnover of 600 million euro, an increase of 15 per cent compared to 2015.

This upward trend is also confirmed by the takeover of 51% of HG Grimme, a German specialist in the design and manufacturing of machines for processing plastic and composite materials. This operation – completed on 31st July 2017 – has led to the strengthening of global leadership in the production of technological solutions for the processing of plastic and composite materials, in which the SCM group is already present with the CMS brand.

The recent Shareholders’ Meeting has also confirmed the Board of Directors, which is made up of: Giovanni Gemmani, President and Director-General; Andrea Aureli, CEO; Alfredo Aureli, Director; and Linda Gemmani, Director.

For further information:
Tel: 0115 9770044
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Vero Appoints Hector Henry As Alphacam Brand Manager

Vero Software has appointed Hector Henry as Brand Manager of its Alphacam CAD/CAM solution.

Having been promoted from his role of Lead Applications Engineer, his new post involves working closely with Strategic Product Director Raf Lobato in the evaluation of customers and stake holders, as well as market conditions and innovations to provide vision, leadership and a strong presence in today’s competitive global markets.

He holds a BS in Mechanical Engineering, and his involvement with Alphacam dates back to 1999, when he was hired as a field service engineer by the SCM Group in north America, installing and servicing machinery, as well as installing and training on Alphacam.

Then came a period at the Georgia Institute where he was responsible for creating dedicated Alphacam curricula and delivering the content to both industry students and College of Architecture personnel.

Rejoining SCM, he honed his skills as a post-processor writer whilst developing bespoke solutions in VBA, along with C++ and C#.

Hector Henry joined Alphacam direct in 2016 as Lead Applications Engineer, and is delighted to engage in his new role as the software’s Brand Manager. Raf Lobato says: “These are exciting times for the CAD/CAM/CAE market, and Hector is the ideal person to ensure Alphacam is constantly ahead of the game for delivering solutions for increasingly complex CNC machine tools at an ever-increasing speed.”

For further information:
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Hilti Are Rewarded For Exceptional Contribution To Sick Children With National Wellchild Award

Leading power tool and construction services company, Hilti has been named the winner of the Volunteer Company of the Year at the prestigious national 2017 WellChild Awards, in association with GSK.

The company collected their prize at a high-profile ceremony on October 16th at the Royal Lancaster Hotel in London, where they met WellChild Royal Patron Prince Harry.

Over the past two years, Hilti has provided funding, donated over £5,500 worth of tools to Helping Hands and staff have given their time across 13 projects to provide life-transforming home and garden improvements to families of seriously ill children across the UK.

WellChild is the national charity for seriously ill children which works to ensure the best possible care for children with complex health needs and support their families. Their Helping Hands scheme tackles essential home and garden makeovers, with the support of volunteer teams from local companies and organisations.
Combilift Soon To Open It’s New Purpose-Built Factory

Combilift, the Irish manufacturer of multi-directional forklifts and long-load material handling solutions is set to open its new purpose-built factory on 2nd May 2018. €46m has been invested in the new 46,500 sq. m / 500,000 sq. ft factory. This momentous occasion will happen as they celebrate 20 years in business and will coincide with the launch of a new product range.

Combilift is a world leader in the design, innovation and manufacturing of multidirectional forklifts and handling solutions for all industries. Established in 1998, they are acknowledged globally as being at the forefront of the market and are renowned for their customised, reliable products. Combilift now exports to more than 75 countries and there are over 36,000 units in operation in a wide range of sectors.

For further information:
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Weinig Group Makes Major Investment In Holz-Her Production Facility

The symbolic groundbreaking ceremony on the Holz-Her production facility in Voitsberg, Austria, signaled the start of an ambitious forward-looking project. The 22,000 m2 site of the specialist in machines and systems for panel processing is being developed with a 1,000 m2 extension specifically designed for the planned new CNC milling machine for framework processing. The new hall will exclusive-ly accommodate new and pioneering machine technology for the machining of large steel structural components. Holz-Her's intention is to make its production even more efficient and flexible.

The project was approved by Weinig's Supervisory Board as part of a series of planned investments. “Our decision is a deliberate response to the growing im-portance and huge potential of the Business Unit Panel Processing,” says Chairman of the Supervisory Board Thomas Bach. Holz-Her has been part of the Weinig Group since 2010. The innovative company can look back on an ex-tremely successful last few years. Turnover has risen by 20 percent over the last two years alone. Just recently, Holz-Her attracted massive attention at the world's leading trade fair LIGNA with its Nextec technology for furniture produc-tion. As a result of the strong growth, production capacity in Voitsberg has al-ready doubled over the last two years.

The investment of 4.5 million euros is part of a group-wide investment package of more than 15 million euros and will secure the future, long-term growth of the company. To reflect the significance of the project for the future of the company, the groundbreaking ceremony was attended by both Weinig's Supervisory Board, led by Chairman Thomas Bach, and Weinig’s Management Board, represented by CEO Wolfgang Pöschl, Chief Sales and Marketing Officer Gregor Baumbusch and Chief Financial Officer Gerald Schmidt. Together with Holz-Her Managing Director Frank Epple and the Managing Director of the Voitsberg production facil-ity Harald Steiner, the start of the construction project was marked with a small ceremony attended by all personnel.

The investment will also have a positive impact on the employment situation at the Holz-Her production site. Currently, 300 personnel are employed in Austria. Thanks to the further expansion of sales activities, the extension of the product portfolio with regard to CNC processing centers, the development of the saw/storage combination segment, the further evolution of edge banders for in-dustrial applications and the extension of the factory, Frank Epple anticipates further requirements for qualified personnel. “Holz-Her, like the entire Weinig Group, is on a strong trajectory,” says Wolfgang Pöschl. Group orders to the end of April showed 17% growth while revenues rose by as much as 21%. The Wei-nig Group is very confident of achieving the order inflow of 471 million euros tar-geted for 2017. Owing to the excellent business growth, the group’s global per-sonnel will increase to more than 2,100 in 2017.

For further information:
Tel: 01235 557600
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Happy Torx

Samac is adding a whole new range of Performance Plus TORX head screws to its Performance Range offering improved drive, reduced cam out and stripping, and easier driving alignment. Samac’s Performance Plus TORX screws are the ultimate in fast, precision fastening with six points of contact to maximise transmission of torque when driving the screw. Easy to align, more precise, and with less cam-out, they have been designed to combine fast and easy use with improved drive.

Like all of Samac’s Performance Range screws, the new Torx head version has been designed from tip to head with features that make it easy, quick, and reliable to use on site. A specially-designed milling thread positioned above the standard course thread will help prevent wood splitting while six self-countersinking ribs on the underside of the head ensures a consistently neat, flush finish. The thread is partially serrated, giving the screw a combined sawing and cutting action for smooth and efficient driving, while the type 17 cut point improves drive and reduces splitting without the need for pre-drilling

The high contact Torx head design means that less pressure is required to keep the screwdriver tip in the head recess, drastically reducing the chances of cam out. Because the transmission of the driving force is radial rather than axial, less driving force is needed, making them easier to drive by hand or giving more fixings per battery charge.

The new Performance Plus TORX head screws will be available in a wide variety of sizes up to 300mm in 8mm gauge to tackle even the most demanding jobs like structural timber projects, roofing and timber frame building. Every box comes with a free Torx bit.

The Samac Performance Plus TORX Head Screw is available from builders, timber & roofing merchants. Users can call Samac on 01268 764488 to find their nearest stockist.

Samac is a specialist nails, screws and fixings distributor based in Essex with one of the widest ranges of products in the trade, most on 48 hour delivery. Established since 2004, Samac supplies builders, timber, roofing & fencing merchants with a comprehensive range of products that is now so much more than the nails for which the company first became known.

For further information:
Tel: 01268 764488
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IDS Unveils A New £1m Distribution Centre For London and The South East

A £1million+ investment in a new, purpose-built distribution centre in Thurrock is the first phase of a strategic development plan from International Decorative Surfaces (IDS), to further strengthen the company’s position in south east England.

The new depot, which opened in June, is situated at Logistics City in Thurrock, enabling the surface materials distribution specialist to better support growing markets in London and surrounding areas with an impressive 792,000 cubic feet of warehousing space.

The Thurrock site represents an 82% increase in stockholding space and a 54% increase in the number of SKUs with over £1million worth of key products in worktops, laminates, solid surface, panel products, flooring and wall panelling.

Says John Bagshaw, Managing Director of IDS:

“This strategic undertaking in the south east demonstrates our ongoing commitment to growing by helping our customers and suppliers grow. Our surface portfolio is constantly developing, bringing the latest product innovations to market, and it’s really important to us that we continue to meet and exceed customer expectations.

“This new facility at Thurrock is key to providing the high level of service our customers expect, with a wider depth and breadth of products than we’ve ever been able to stock before to service the south east.”

The new Thurrock warehouse investment comes on the back of a £1million spend to increase capacity at its Woodford, Manchester, Ely and Nuneaton branches, to expand the Leeds and Stoke branches, and with work also planned for the Gateshead site.

In addition, IDS has recently invested £100,000 into upgrading the showrooms and offices at Rosyth and Gateshead, and completed a £200,000 refurbishment of its Norwich branch to increase its stock holding and provide additional office and meeting spaces.

For further information:
Tel: 08457 298 298
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Daltons Wadkin Report Open Day Success

Daltons Wadkin Wood & Panel Machinery Show held 3 to 5 October in Nottingham was “the biggest and most successful” according to director and show organiser Alex Dalton.

“I believe we have the strongest machinery portfolio of any woodworking machinery suppliers in the UK and Ireland. Our regular in-house shows are an excellent opportunity to showcase our range of panel and solid wood processing machines. This year we had more visitors and more orders taken than at any of our previous shows”, said Alex.

With some twenty-five machines available for display and demonstration in their Nottingham showrooms the exhibition represented wide coverage of their extensive product range from classical machines to CNC.

Visitors travelled from all parts of the UK and were able to view live demonstrations on Salvador straight and angle programmable crosscutting systems, CEHISA edgebanders, Kuper planer/moulders, Kimla CNC routers, Elcon vertical and Altendorf sliding table panel saws, a selection of Wadkin classical machines and a new Stenner ST100RS band resaw.

By the end of the show the company had chalked up significant orders for a number of their major brands including Kimla, CEHISA, Stenner, Altendorf, Kuper and Wadkin, providing a major boost to their autumn sales pitch.

Alex Dalton was pleased with both the results and the effort put in by the sales and demonstration teams. “We really pushed the boat out this year”, said Alex. “The display, the extensive range of machines on show and the opportunity to meet so many existing and new customers was everything we had hoped for. I would like to thank all visitors to the show in making it such a success. For anyone that did not manage to make it, our showroom doors remain open for working demonstrations and expert advice.”

For further information:
Tel: 0115 9865201
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