Hypertherm acquires OMAX

Hypertherm, a Hanover, N.H.-based manufacturer of industrial cutting systems and software, has announced a merger agreement that establishes abrasive waterjet systems manufacturer OMAX®, Kent. Wash., as its wholly owned subsidiary.

OMAX’s direct-drive pumps, software, and applications technologies will combine with Hypertherm’s complementary portfolio of intensifier-based pumps and abrasive recycling systems.

Hypertherm does not plan to make significant changes to OMAX’s operations, management structure, or distribution channels. The company’s current offices and manufacturing operations in Kent, where the majority of its 367 associates are located, will remain intact, with no consolidations or reductions planned. Hypertherm also anticipates continuing both the Hypertherm and OMAX waterjet product offerings and brands.