Winbro Group Technologies Ltd. announces the acquisition of its business by Taiwan-headquartered Quaser Machine Tools (QMT).

QMT, a publicly traded company, is a leading manufacturer of advanced 5-axis machine tool technology with locations in Taiwan, U.S. and Europe. Winbro Group Technologies is recognized as a global leader in providing manufacturing solutions to the aerospace and industrial gas turbine industries, based upon its core laser and high-speed EDM cooling hole machining technologies, as well as Viper Grinding and ECM machining processes. Winbro provides turnkey machining systems, services and manufactured components from its U.K. and U.S. sites.

The acquisition of Winbro Group Technologies follows a period of seven years of close cooperation between the two companies, during which time QMT built and supplied 3- and 5-axis bases for Winbro's HSD6 and HSA5 platforms.

The merger of the two businesses will open up opportunities for Quaser within the growing aerospace industry, through Winbro's strong relationship and reputation within that sector. In addition, Quaser's extensive global network holds potential for Winbro's technology to be modified and supplied to non-aerospace customers.

Quaser and Winbro will work together to provide industry-leading solutions, combining Quaser's precision platforms and Winbro's technology and application expertise. Together Quaser and Winbro will have joint sales in excess of $110m and some 500 employees.

Winbro's CEO, Mike Arbon, stated "Joining the Quaser Group facilitates Winbro's on-going drive to provide customers with innovative solutions while extending growing opportunities to Winbro employees."

Quaser's chairman, Samuel Hsieh, said "Winbro is a strong recognized brand and a very meaningful addition to Quaser, on its journey of growing a global high-technology machine solutions provider."