• MMS Youtube
  • MMS Facebook
  • MMS Linkedin
  • MMS Twitter
10/24/2018

WFL Millturn Technologies Acquires Frai Elektromaschinenbau

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

Frai, founded in 1984 and focusing on automation solutions in the machine tool industry, will be 100-percent owned by WFL.

Share

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

WFL Millturn Technologies is acquiring Frai Elektromaschinenbau GmbH. Frai, founded in 1984 and focusing on automation solutions in the machine tool industry, will be 100-percent owned by WFL. CEO and founder Aitzetmüller Friedrich will go into retirement after an agreed-upon transition period. Both companies are based in Austria. 

The perfect symbiosis of highly productive machinery and manufacturing solutions combined with automation solutions will reform the WFL product portfolio from now on, says WFL. There will be a complete takeover of Frai’s trade name, its established customers, its reference projects, its production capacity and its professional staff. The office and production site will remain in St. Konrad, Austria. Mr. Aitzetmüller will direct the operational management for a defined time period to ensure a smooth integration.

Automation solutions have been and are still a constant companion when it comes to a purchasing decision of a Millturn machine, WFL says. “Automation solutions have a high importance to many of our customers or are in several cases a prerequisite for an order. With the takeover of Frai Elektromaschinenbau GmbH, we see the ideal opportunity for this solution,” says Norbert Jungreithmayr, CEO of WFL Millturn Technologies. WFL and Frai are already connected through a long-standing partnership in the area of automation solutions.

RELATED CONTENT

  • Machining with Robots

    Several exhibitors at the recent EMO show in Hannover, Germany, featured demonstrations of robotic arms wielding live cutting tools such as end mills or face mills. Perhaps the most dramatic demo was presented by Delcam to showcase this CAM developer’s PowerMill Robot Interface.

  • Machining, Disruption and the Years Ahead

    Three major technological advancements have changed modern manufacturing. Pay attention or get left behind.

  • Making Strides To Maximize Worker Efficiency

    This 40-year-old shop combines original best practices with new technologies and manufacturing approaches to make the most of its home-grown skilled labor.

Resources