Leading manufacturer and supplier of CNC routing and knife-cutting systems, Ontario,Canada-based AXYZ International has recently acquiredOhio, America-based waterjet cutting systems specialistWARDJet. According to AXYZ International president, AlfZeuner, “thesynergy of the two companies and the complementary technologies now availablewill result in a huge increase in manufacturing, technological and manpower resources, with the latter adding close to 100 new employees to the AXYZ International team.”
Both companies will continue to operate independently from their respective locations, with WARDJet co-founder Richard Ward remaining asthe company’s president and AlfZeuneracting as overall president. Welcoming the acquisition, Richard Ward commented: “With immediate effect, we now have a much larger and global footprint in the waterjet cutting industry, not to mention the huge increase in manpower and marketing resources from which we will benefit as a result of the partnership now forged with AXYZ International.”
Explaining the logic of and motivation for the acquisition, AXYZ International’s UK-basedvice president of market development, Robert Marshall, commented: “Contingent upon the materials to be processed, waterjet cutting technology can provide a more appropriate solution to CNC routing and cutting technology. The availability of the two complementary technologies from a single manufacturing and supply source will greatly enhance thecapabilities and global reachof both companies and lead to increased mutual growth, enhanced manufacturing capabilities and commensurate profitability.”
Established in 1991, AXYZ International now has 13 owned and operated global outlets. The company manufactures, markets and services machines direct to customers, with no intermediate supplier intervention. This has led to a consistently high level of reliability and consequent customer satisfaction.
In conclusion, Robert Marshall commented: “The plan to start promoting the waterjet cutting machines through our global network, including the primary European outlet in the UK, will be phased in gradually over the coming months following preparation and assessment of the new and specific levels of service now required.”
For further information, contact Robert Marshall either by e-mail on rmarshall@axyz.co.uk or telephone 01952 291600. Alternatively, visit www.axyz.co.uk