Manufacturing’s alliances, sales, acquisitions

Bilsing Automation adds Visionary Manufacturing Solutions as a distributor

Bilsing Automation North America, a leading supplier of automated tooling and material handling solutions, has added Visionary Manufacturing Solutions (VMS) to its dealer network for the Eastern United States and Canadian territories.

“Bilsing’s industry-leading lightweight and modular tooling systems enhance our offerings,” says VMS CEO Hunter Coe, “We are especially eager to promote their carbon fiber solutions, which have proven to significantly impact production rates.”

“Hunter has put together an impressive list of companies offering a full array of solutions for the metal forming industry,” says Thomas Garant, general manager at Bilsing. “We are excited about being represented within the context of a comprehensive customer solution provided through VMS’ network.”

MicroCare, LLC announces sale of business

© MicroCare | Tom Tattersall

 

Capital Partners has completed a control investment in MicroCare, LLC, an ISO 9001:2015 registered company specializing in cleaning, coating, and lubricating fluids used in the manufacture and installation of products in the electronics, medical, fiber optic, and metal finishing industries.

MicroCare will continue to operate under the MicroCare, Sticklers, and MicroCare Medical brands. Tom Tattersall, former MicroCare COO, will assume the role of MicroCare CEO.

“The sale of MicroCare was a very lengthy process to ensure we found the right fit for our company, our employees, and our customers,” Tattersall says.

Sandvik acquires Miranda Tools

Dormer Pramet, a division of Sandvik Machining Solutions, has reached an agreement to acquire Indian company Miranda Tools, a manufacturer of high-speed steel and solid carbide round tools.

The acquisition enhances Dormer Pramet’s product offering and facilitates an improved presence in key markets such as India, China, and Southeast Asia.

In 2019, Miranda Tools had revenues of about 200 million SEK and around 580 employees. The transaction is expected to close during the third quarter of 2020 – subject to relevant regulatory approvals – with limited impact on Sandvik’s earnings per share.