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GF Machining Solutions to Acquire Micro-Machining Specialist



GF Machining Solutions has announced an agreement to purchase 100 percent of the shares of Microlution Inc, a Chicago-based developer of micro-machining products incorporating milling and laser technologies.

"The acquisition of Microlution is in line with GF Machining Solutions' strategy to enlarge its technology portfolio to fully meet the needs of manufacturers in targeted industry segments, including aerospace and medical," said a company spokesperson.

"We welcome Microlution to GF," said Yves Serra, CEO of GF. "The company has developed, within a short time, a know-how in micro-machining, which complements the technology portfolio of GF Machining Solutions."

Microlution was founded in 2005 by three engineers from the Chicago region. The company specializes in 5-axis milling and femtosecond laser for hole drilling and micro-cutting applications for a wide range of industries, including aerospace, medical and automotive. It employs 30 individuals.

"We are excited for our team, products and technology to join forces with GF Machining Solutions," said Andy Phillip, President and Director of Microlution. "Microlution's customers have benefited from our innovative systems for nearly 10 years. With our new partner, we will increase our ability to serve customers and grow."

For more information contact:

Gisbert Ledvon

GF Machining Solutions

560 Bond St.

Lincolnshire, IL 60069-4224

800-CTC-1EDM / 847-913-5300

gisbert.ledvon@georgfischer.com

www.gfms.com/us

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