LE MAG J&A

LE MAG J&A

PRECITRAME MACHINES SA ACQUIRES ESPI SAS

Deals / 13 June 2023

Precitrame Machines
"The complementary nature of the two companies in terms of skills and products, as well as the growing synergies between the worlds of machining and control, made this merger an obvious choice", states Olivier Voumard, Managing Director of Precitrame Machines.

Joffe & Associés (Aymeric Dégremont, Blaise Deltombe and Antoine Lamy) advises Precitrame Machines SA, a leader in precision transfer machines, on its 100% acquisition of ESPI SAS, a company specializing in hardware and software solutions for machine tool control.

 

“The complementary nature of the two companies in terms of skills and products, as well as the growing synergies between the worlds of machining and control, made this merger an obvious choice”, states Olivier Voumard, Managing Director of Precitrame Machines.

 

Precitrame Machines designs, develops and produces innovative solutions for the manufacture and finishing of complex micromechanical components in the field of precision machining.

 

This operation is in line with Precitrame Machines’ strategy of diversification and consolidation in the market, and strengthens ESPI, while guaranteeing the continuity of skills, products and jobs. Established and recognized, ESPI remains an entity and a brand of its own.

 

On June 2, 2023, Precitrame Machines completed the acquisition of the entire share capital of ESPI, a Lyon-based company, and its daughter company ESPI Suisse in Yverdon.

 

This acquisition will enable Precitrame to focus in the future on solutions dedicated to production and machining, and position ESPI as a leader in very high-speed three-dimensional measurement and control solutions.

 

This operation will also enable Precitrame Machines to strengthen its presence in the French Swiss machine tool market, and its international presence, as well as its positioning as a complete solutions provider.

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