Cevotec’s management grows through partnership with GFM
GFM’s investment in Cevotec has potential to broaden GFM’s activities in the field of composite processing and grow new technology and business opportunities.
Photo Credit: Cevotec
Since its foundation in 1945, composite machine building and automation company GFM GmbH (Gesellschaft fuer Fertigungstechnik und Maschinenbau, Steyr, Austria) says it has worked to tailor industrial systems to individual customer needs. Its lines of machinery include radial forging machines, milling machines for crankshafts, CNC routers, ultrasonic cutting technology and automation equipment for composites. With the company’s recent investment in Cevotec (Unterhaching, Germany), acquiring a 49% share in the automation specialist, GFM reportedly has potential to broaden GFM’s activities in the field of composite processing and could create new technology and business opportunities.
“With GFM as partner, we are entering a new phase of development at Cevotec. GFM shares our vision to empower manufacturers to build complex composites in high volume and quality, and supports us with more than 75 years of experience in high-tech machinery,” states Thorsten Groene, CEO and co-founder of Cevotec.
Concurrently to the investment, Cevotec’s management is said continues to grow. For example, from September onwards, Dr. Florian Lenz joined Cevotec as technical director, bringing more than 15 years of composite experience into the management. “Together with the dedicated and strong technical team, we will push the state-of-the art in fiber patch placement technology, contributing our part to the automation of industrial composite manufacturing,” Lenz says.
“This opens up exciting opportunities for Cevotec,” concludes Groene. “I’m looking forward to leading Cevotec through this next growth phase.”