- FMA
- The Fabricator
- FABTECH
- Canadian Metalworking
LVD and AltaMAR to Merge
- November 23, 2015
- News Release
- Fabricating
LVD Company nv, Gullegem, Belgium, and AltaMAR, Fridley, Minn., have agreed to merge the two companies, combining sales, service, production, and R&D facilities.
The agreement will expand the product offerings and market reach of both companies and will create one of the industry’s largest sheet metalworking equipment manufacturers, the companies report.
They will have manufacturing facilities in Belgium, central Europe, the U.S., and China, providing representation in more than 50 countries, including 20 with direct sales and service subsidiaries.
Under the agreement, each company will maintain its independent corporate identity but will combine key operations in the areas of sales, service, production, and engineering development.
“We are enthusiastic about combining forces with AltaMAR to offer a broader umbrella of high-level machinery and more extensive solutions to our customers. The addition of AltaMAR tube cutting systems to our line of products further strengthens and positions the LVD brand,” said Jean-Pierre Lefebvre, chairman of LVD.
Under the terms of the operational merger, all AltaMAR tube laser cutting machines will be manufactured by Strippit Inc. at its Akron, N.Y., manufacturing plant and will collaborate with AltaMAR on R&D efforts for future tube cutting products and technology.
The complete range of AltaMAR tube cutting machines will be added to LVD’s existing product portfolio.
“LVD’s vast range of products and worldwide distribution network open doors of opportunities for AltaMAR to offer increased added value to our customers by having a more comprehensive set of solutions beyond our core products,” said Dan Martin, president of AltaMAR.
www.altamarinc.com www.lvdgroup.comsubscribe now
Keep up to date with the latest news, events, and technology for all things metal from our pair of monthly magazines written specifically for Canadian manufacturers!
Start Your Free Subscription- Stay connected from anywhere
Easily access valuable industry resources now with full access to the digital edition of Canadian Metalworking.
Easily access valuable industry resources now with full access to the digital edition of Canadian Fabricating & Welding.
- Trending Articles
BlueForge Alliance partners with Nuts, Bolts & Thingamajigs to develop Submarine Manufacturing Camps
Portable system becomes hot tech in heat treatment
Orbital tube welding webinar to be held April 23
Cidan Machinery Metal Expo 2024 to be held in Georgia May 1-2
Corrosion-inhibiting coating can be peeled off after use
- Industry Events
MME Winnipeg
- April 30, 2024
- Winnipeg, ON Canada
CTMA Economic Uncertainty: Helping You Navigate Windsor Seminar
- April 30, 2024
- Windsor, ON Canada
CTMA Economic Uncertainty: Helping You Navigate Kitchener Seminar
- May 2, 2024
- Kitchener, ON Canada
Automate 2024
- May 6 - 9, 2024
- Chicago, IL
ANCA Open House
- May 7 - 8, 2024
- Wixom, MI