Tyrolit Acquires Acme Abrasives
Tyrolit plans to integrate Acme wheels into its portfolio of grinding and specialty abrasive solutions for industrial clients.
The Tyrolit Group has acquired all of the stock of Acme Abrasives, a specialized abrasives manufacturer and provider based in Michigan, which is now Tyrolit’s seventh manufacturing plant in the U.S.
According to Tyrolit, the acquisition will further expand the company’s product portfolio for the steel and foundry, as well as the rail industry. Acme Abrasives is a manufacturer of hot-pressed grinding wheels for the steel and specialty steel industry. Tyrolit will integrate Acme wheels in its portfolio of grinding and specialty abrasive solutions for industrial clients.
Tyrolit CEO Thomas Friess says, “We have built a successful global economic base that allows us to further pursue our strategic direction of business activities. The further expansion of our portfolio — especially for crucial industries like steel, foundry and rail — strengthens our operational competitiveness.”
“With the addition of Acme Abrasives, we are aiming to optimize our customers’ benefit and further utilize our global position. Acme has a longstanding commitment to quality and efficiency. We are excited about the opportunity to serve our partners even better and offer high-quality products and services for a wide variety of specific needs,” explains Matthias Kuprian, executive board member.
