Hypertherm Associates has acquired a minority stake in BLM Group

BLM Group

Headquartered in Cantù, Italy and established in 1960, BLM Group is an Italian family-owned group dedicated to the manufacture and marketing of high precision and high performance laser cutting and sawing machines, computer numerical control (CNC) bending and end-forming machines used primarily in the processing of tubes, wires, profiles and sheet metal. The group boasts a worldwide presence through branches in Europe, the U.S., Mexico and Brazil. BLM employs approximately 1,000 people and generates more than €500 million of revenue.

The Deal

Hypertherm Associates and BLM have announced a strategic partnership agreement bolstered by Hypertherm’s acquisition of a minority stake in BLM. Leveraging on the combination of BLM’s laser cutting expertise with Hypertherm’s experience in plasma and waterjet cutting products and software, this strategic partnership represents a significant opportunity for both companies to strengthen customer relationships and respond to the evolving needs of the market.

Our Perspective

Gianluca Banfi, Lincoln International Managing Director who led the transaction, commented, “We are proud to have assisted Hypertherm in this pivotal partnership. The strategic partnership is incredibly functional given the complementary technologies of BLM with Hypertherm that will generate significant synergies, enabling the two groups to elevate industry standards and offer industry-leading solutions.”

Hypertherm Associates

Headquartered in Hanover, New Hampshire with more than 50 years of experience and close to 750 global patents, Hypertherm is a global provider of industrial cutting technologies and software solutions. Hypertherm’s offering encompasses plasma and waterjet systems, used in a wide spectrum of end-markets, coupled with CNCs and software trusted for performance and reliability across the industry.

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