Schuler Acquires Die Manufacturer Aweba

June 1, 2016

Schuler AG has acquired German die builder Aweba, pending a standard antitrust review.

Aweba, founded in 1882, supplies international customers in the automotive and electrical industries, as well as machine and plant manufacturers. Its product portfolio includes forming, cutting, hydroforming and diecasting dies, as well as fixtures and a range of services. 

The Aweba takeover is Schuler’s second major acquisition in the past year. In 2015, the German-based forming-equipment company acquired a majority stake in Chinese press manufacturer Yadon.

Industry-Related Terms: Die, Forming
View Glossary of Metalforming Terms

 

See also: Schuler Incorporated

Technologies: Tooling

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