- FMA
- The Fabricator
- FABTECH
- Canadian Metalworking
Categories
- Additive Manufacturing
- Aluminum Welding
- Arc Welding
- Assembly and Joining
- Automation and Robotics
- Bending and Forming
- Consumables
- Cutting and Weld Prep
- Electric Vehicles
- En Español
- Finishing
- Hydroforming
- Laser Cutting
- Laser Welding
- Machining
- Manufacturing Software
- Materials Handling
- Metals/Materials
- Oxyfuel Cutting
- Plasma Cutting
- Power Tools
- Punching and Other Holemaking
- Roll Forming
- Safety
- Sawing
- Shearing
- Shop Management
- Testing and Measuring
- Tube and Pipe Fabrication
- Tube and Pipe Production
- Waterjet Cutting
Industry Directory
Webcasts
Podcasts
FAB 40
Advertise
Subscribe
Account Login
Search
LVD Company, Pullmax AB agree to merger of operations
- February 17, 2011
- News Release
- Laser Cutting
LVD Company nv, Gullegem, Belgium, and Pullmax AB, Göteborg, Sweden, today announced they have entered into an agreement providing for the operational merger of the companies to combine sales, service, production, and research and development 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 with manufacturing facilities in Belgium, Central Europe, the U.S., and China, and provide representation in more than 50 countries worldwide, including 20 direct sales and service subsidiaries.
Under the agreement each company maintains its independent corporate identity but combines key operations in the areas of sales, service, production and engineering development.
Under the terms of the operational merger, LVD will manufacture Pullmax punching machines for the world market and collaborate with Pullmax on research and development efforts for future punching products and technology. Pullmax will represent the breadth of LVD laser cutting, punching, bending, and shearing equipment, as well as LVD software and mid-range automation products.
The complete range of Pullmax punching machines will be added to LVD's existing punch press product portfolio.
In Scandinavia and the UK, LVD and Pullmax sales and service operations will be merged at a country level to provide an integrated sales and service network for LVD and Pullmax customers alike. For all other markets, LVD will provide sales and service support via an extensive network of subsidiaries and agents.
Moving forward, LVD and Pullmax will combine design and engineering resources to address market requirements, jointly developing and introducing new sheet metal fabrication products.
Jean-Pierre Lefebvre, chairman of LVD, stated, "We are enthusiastic about combining forces with Pullmax to offer a broader umbrella of high-level punching products and more extensive automation solutions to our customers. The addition of Pullmax punch presses to our Strippit line of punching products further strengthens and positions the LVD brand."
Tomas Hellström Chairman of Pullmax added, "LVD's vast range of products, and in particular their expertise in forming, laser cutting technology and offline software technology, opens doors of opportunity for Pullmax to offer increased added value to our customers by having a more comprehensive set of solutions beyond our core punching and automation products."
Related Companies
subscribe now
The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
start your free subscription- Stay connected from anywhere
Easily access valuable industry resources now with full access to the digital edition of The Fabricator.
Easily access valuable industry resources now with full access to the digital edition of The Welder.
Easily access valuable industry resources now with full access to the digital edition of The Tube and Pipe Journal.
Easily access valuable industry resources now with full access to the digital edition of The Fabricator en Español.
- Podcasting
- Podcast:
- The Fabricator Podcast
- Published:
- 04/16/2024
- Running Time:
- 63:29
In this episode of The Fabricator Podcast, Caleb Chamberlain, co-founder and CEO of OSH Cut, discusses his company’s...
- Trending Articles
AI, machine learning, and the future of metal fabrication
Employee ownership: The best way to ensure engagement
Steel industry reacts to Nucor’s new weekly published HRC price
Dynamic Metal blossoms with each passing year
Metal fabrication management: A guide for new supervisors
- Industry Events
16th Annual Safety Conference
- April 30 - May 1, 2024
- Elgin,
Pipe and Tube Conference
- May 21 - 22, 2024
- Omaha, NE
World-Class Roll Forming Workshop
- June 5 - 6, 2024
- Louisville, KY
Advanced Laser Application Workshop
- June 25 - 27, 2024
- Novi, MI