Hypertherm Associates and BLM GROUP have entered into a strategic partnership agreement aimed at expanding the market reach of their respective solutions.
The two industry leaders said they will collaborate to offer premier solutions to customers through BLM GROUP’s laser cutting and tube bending systems and Hypertherm Associates’ plasma and waterjet cutting products and software.
The partnership includes a minority stake investment in BLM GROUP by Hypertherm Associates and a commercial agreement to expand the demand generation for BLM GROUP’s tube cutting and bending systems, and pipe and plate cutting systems, as well as 3D robotics systems in North America and Europe. The combination of BLM GROUP’s expertise in laser cutting technology and Hypertherm Associates' experience in integrated solutions presents a significant opportunity for both companies to strengthen customer relationships and respond to the evolving needs of the market.
Hypertherm Associates was advised by Lincoln International and ADVANT Ntcm, and BLM GROUP was advised by Studio Grimani & Pesce e Studio Gianni & Origoni during the development of the agreement.
The strategic partnership allows each company to maintain its current leadership structure, operations, and other strategic priorities, allowing for continuous innovation and consistent operational management. BLM GROUP has a proud legacy as a global family-owned company, with its headquarters and manufacturing facilities in Cantù and Levico Terme, Italy. Hypertherm Associates is a 100-percent employee-owned company based in the U.S., with plasma manufacturing facilities in New Hampshire, waterjet manufacturing in Minnesota and Washington, and laser consumables manufacturing in Sasso Marconi, Italy.
Related Glossary Terms
- robotics
robotics
Discipline involving self-actuating and self-operating devices. Robots frequently imitate human capabilities, including the ability to manipulate physical objects while evaluating and reacting appropriately to various stimuli. See industrial robot; robot.
- waterjet cutting
waterjet cutting
Fine, high-pressure (up to 50,000 psi or greater), high-velocity jet of water directed by a small nozzle to cut material. Velocity of the stream can exceed twice the speed of sound. Nozzle opening ranges from between 0.004" to 0.016" (0.l0mm to 0.41mm), producing a very narrow kerf. See AWJ, abrasive waterjet.
