Industry Headlines

Mahr and OKM Sign Contracts

February 1, 2005
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GOETTINGEN, GERMANY-Mahr, manufacturer of measurement instruments and high-precision cylindrical parts, acquires a 56% holding in Optische Koordinaten-messtechnik (OKM), a Jena, Germany-based company.

Managing partners of both companies signed contracts confirming Mahr's stake in OKM, a manufacturer of optical precision metrology instruments. The holding will add to Mahr's metrology portfolio, and the companies will share sales strategy and cooperate in research and development.

Mahr, with 1,400 employees worldwide, hopes to broaden its customer base with this new arrangement. OKM will continue to be run by its executives, Holger Hage and Petra Bogdanski.

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