Marposs Acquires Process Monitoring Supplier Artis
Established in 1983, Artis makes a range of in-process tool, process and machine condition monitoring systems and adaptive control apparatus mainly for metal-cutting applications. Its products are primarily used by manufacturers of machine tools in aerospace, automotive, heavy equipment and other capital goods industries worldwide. Artis sells in approximately 25 countries, with an installed base of approximately 15,000 systems.
Hans-Georg Conrady, managing director of Artis, said that working with Marposs represents a perfect opportunity for rolling out Artis’ products on a broader geographic scale via Marposs’ global distribution network. Additionally, Conrady envisions some very interesting new solutions coming out of the combination of Marposs and Artis technology and products. “I am looking forward to working with Marposs over the coming years to further grow the business which I have been part of since 1992,” says Conrady.
“Artis offers cutting-edge solutions with large potential to be used in additional applications and by current and future Marposs customers on a global basis,” says Stefano Possati, president of Marposs S.p.A. “Our goal is to grow in a solid and continued way both in our traditional and new markets. Purchasing quality companies with products that are complementary to those of Marposs is a tool that we will continue using, in addition to our strong activity in research and development inside the company.”