Gurit buys wind blade mould automation systems provider PH Windsolutions

“We are delighted by this opportunity that will further strengthen our market leading position in wind blade mould making and create added value for our customers worldwide,” said Dr Bing Chen, general manager of Gurit Tooling.

This acquisition is targeted at further strengthening the Gurit Tooling technology position with latest automation systems. It further widens the addressable customer base for Gurit in the wind and aerospace markets. It also helps to achieve full global presence for Gurit Tooling, especially in the American region with the new location in Montreal, Canada, on top of the existing Gurit Tooling presence in Taicang, China and in Szczecin, Poland. Most importantly it adds a highly qualified team to the Gurit Tooling organisation for the future development of this successful business of the Gurit Group.

Founded in 2008, PH Windsolutions generated a turnover of around CHF 12 million in 2016 with a strong year-on-year top-line growth. Gurit intends to integrate the acquired business activities into its tooling business unit.

The companies of Gurit Holding AG are specialised on the development and manufacture of advanced composite materials, related technologies and select finished parts and components. The comprehensive product range comprises fibre reinforced prepregs, structural core products, gel coats, adhesives, resins and consumables. Gurit supplies global growth markets with composite materials on the one hand and composite tooling equipment, structural engineering and select finished parts on the other. The global Group has production sites and offices in Switzerland, Germany, Hungary, Italy, Spain, the UK, Poland, Canada, USA, Ecuador, Australia, New Zealand, India and China.