The Grenzebach Group announced it has reached an agreement with the BMT Group to acquire its float glass engineering division CNUD EFCO GFT, a provider of annealing lehrs and tin bath solutions, including accessories. CNUD has locations in Belgium, Germany, Romania and China. In addition to the float glass industry, the company is active in the metal construction business with its manufacturing site in Romania.
“We have many times built our cold end glass production line alongside CNUD’s tin baths and annealing lehrs in the past and we could clearly see that our two companies share the same passion for technology and quality,” says Egbert Wenninger, senior vice president, business unit glass at Grenzebach. “We are impressed by CNUD’s know-how and experience regarding the thermal treatment of glass which will help us to transfer the results of our inspection systems into recommended adjustments of the production process. The complexity of a float glass line has increased significantly. We have seen more and more demand for more sophisticated services, and we will be able to provide a profound offering for this demand,” he added.
Robert Lamy, chief sales officer at CNUD EFCO GFT, adds, “Grenzebach has an outstanding image and position in the market which will provide excellent possibilities to strengthen and grow our business even further. Together we can serve our global customer base better and offer integrated solutions instead of separated delivery shares.”
According to the announcement, tin bath and annealing lehrs are strategic and highly complementary additions to Grenzebach’s float glass know-how and product portfolio. Ranging from the tin bath to the cold end line to transporting finished goods to the warehouse, Grenzebach can now deliver an increased scope of supply.
“We want to emphasize and further strengthen our position as technology and market leader in the global float glass industry. With our own digitalization platform SERICY we are already able to offer added digital value for our customers,” explains Renato Luck, CEO of the Grenzebach Group. “By extending our services, we will now be able to analyze end-to-end processes and provide recommendations based on closed loop algorithms. The digitalization of float glass production lines is one of the key drivers in the glass industry.”
The transaction is expected to close in the fourth quarter subject to regulatory approvals, as well as certain other customary conditions. The technology of CNUD EFCO GFT will be integrated into Grenzebach’s Glass Business Unit.