Buhler takes over IdraPrince
11.08.2006 On 10th August 2006, Buhler, the Swiss technology group, took over IdraPrince of Holland/Michigan (USA). With this move, Buhler is taking an important step in the expansion of its die casting division.
Through its consistent alignment with the market and through its innovative products, Buhler has built up a leading position worldwide in the die casting industry, which is currently characterized by consolidation moves. At Buhler, this project is therefore a logical step in the implementation of the group’s strategy; the takeover of IdraPrince will therefore strengthen the group’s position in the USA and worldwide. The aim of the takeover is to amalgamate Buhler’s die casting division in Minneapolis with IdraPrince in Holland/Michigan, who realise a turnover of 37 million USD with a staff of 115 and to create a new company under the name of BuhlerPrince Inc.