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Gleason Corporation Acquires Fubri s.r.l.

Gleason Corporation Acquires Fubri s.r.l.

Rochester, New York, USA Gleason Corporation today announced it has acquired 100% of the shares of Fubri s.r.l., located in Vigano, Italy. 

Gleason Corporation today announced it has acquired 100% of the shares of Fubri s.r.l., located in Vigano, Italy. Fubri is a global market leader in the manufacture of gear cutting tools, specifically high-speed steel hobs, serving a variety of global end-markets for more than 85 years.  

John J. Perrotti, Gleason Chairman and Chief Executive Officer, stated, “We have great respect for the Fubri team which has demonstrated a strong competency in delivering high quality tools with competitive prices and lead times. We are excited about this combination which will further build on our mission of Total Gear Solutions and allow us to further expand our ability to serve our global customer base.”

Massimo Mandelli, Chief Executive Officer of Fubri, commented, “Fubri has been a family company since its inception, but I can think of no better partner than Gleason to help guide our company into the future. We look forward to joining the Gleason team and serving the market in an even bigger and better way.”

Fubri s.r.l., has been renamed as Gleason Cutting Tools s.r.l. and will retain its current management and employees in Vigano.

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