Gleason Corporation has acquired 100 percent of the shares of Fubri s.r.l., located in Vigano, Italy. Fubri is a global market leader in the manufacture of gear cutting tools for more than 85 years.
“We have great respect for the Fubri team which has demonstrated a strong competency in delivering high quality tools with competitive prices and lead times,” said John J. Perrotti, Gleason chairman and chief executive officer.
“Fubri has been a family company since its inception, but I can think of no better partner than Gleason to help guide our company into the future,” said Massimo Mandelli, chief executive officer of Fubri.
Fubri s.r.l., has been renamed as Gleason Cutting Tools s.r.l. and will retain its current management and employees in Vigano.
More info www.gleason.com
