Marposs Acquires German Process Monitoring Supplier, ARTIS
Auburn Hills, MI, January 14, 2008 - Marposs Corp., a leading supplier of precision metrology equipment, announced that its parent firm, Marposs S.p.A., Bologna, Italy, has acquired control of ARTIS Gesellschaft für angewandte Messtechnik GmbH, a developer, manufacturer and supplier of process monitoring solutions, located in Bispingen near Hamburg, Germany. The company's North American operation, ARTIS Systems Inc., is located in Livonia, Michigan.
Established in 1983, ARTIS makes a range of in-process tool, process and machine condition monitoring systems and adaptive control apparatus mainly for metal-cutting applications. Its market-leading products are primarily used by manufacturers of machine tools in aerospace, automotive, heavy equipment and other capital goods industries world-wide. ARTIS solutions help its customers to increase productivity and decrease total life cycle costs of machine tools, resulting in a positive impact on quality. ARTIS sells in approximately 25 countries, with an installed base of approximately 15,000 systems.
Hans-Georg Conrady, Managing Director of ARTIS, said that working with Marposs represents a perfect opportunity for rolling out ARTIS' products on a broader geographic scale via Marposs' global distribution network. Additionally, Mr. Conrady envisions some very interesting new solutions coming out of the combination of Marposs and ARTIS technology and products. "I am looking forward to working with Marposs over the coming years to further grow the business which I have been part of since 1992," said Mr. Conrady.
Marposs S.p.A. President, Stefano Possati, commented, "ARTIS offers cutting-edge solutions with large potential to be used in additional applications and by current and future Marposs customers on a global basis." Mr. Possati added, "Our goal is to grow in a solid and continued way both in our traditional and new markets. Purchasing quality companies with products that are complementary to those of Marposs is a tool that we will continue using, in addition to our strong activity in research and development inside the company."
Marposs was established in 1952. Since then, Marposs has provided shop floor solutions incorporating a wide range of technologies including electronic, non-destructive (ND), optical and pneumatic, for measurement and process control of manufactured components to the metalworking, aerospace, glass and IT industries. Marposs employs approximately 2,200 people at 80 locations in 22 countries world-wide. With headquarters in Auburn Hills, Michigan, Marposs Corp. is the company's U.S. operation.
For more information about Marposs, please visit the company's website at www.marposs.com
For more information about ARTIS, please visit www.artis-systems.com
