NUMALLIANCE group from the Vosges (Eastern France), specialized in the design and manufacture of productivity solutions for shaping wire, tube and metal strip, announces the acquisition of MIB HYDRO, located in Le Chambon-Feugerolles (Saint-Etienne).
MIB HYDRO, recognized player for the design and manufacture of hydraulic presses and production lines, will be able to benefit from the international influence of the group and open to new sectors and markets for export, while wanting to its customers service quality near their facilities. MIB HYDRO round up the product range proposed so far by the group and offers NUMALLIANCE the opportunity to reinforce its presence in the aerospace market and set foot into the composite industry.
“This acquisition, which followed that of EMS in 2015 – Alsatian company specialized in machines and tools to shape the tube ends, are fully in line with our development strategy and our desire to support our customers better” said Joël Etienne, President and Founder of NUMALLIANCE Group.
The NUMALLIANCE group continues its growth and relies on 4 strategic pilars:
• Customer satisfaction, by developing a powerful global network of local people listening to and serving its customers,
• Innovation, to give a competitive advantage to its customers through research and continuous development of the proposed products
• Complementarities, as shown by this acquisition, to become the expert of reference in integrating complementary companies and expertises in proposals
• Profitability, to ensure the sustainability of the company and local employment for future generations.
With this new scope, the group aims for a turnover of € 80 million for 2019. In order to meet the sustained growth of its business, NUMALLIANCE plans to hire 40 people, in all departments, on all sites.
To continue on this dynamic trend and to strengthen its positions, NUMALLIANCE considers further acquisitions, why not, internationally.
NUMALLIANCE designs and manufactures all of its machines and solutions in France (Saint Michel sur Meurthe (88), La Selle en Luitré (35), Saverne (67), Vourles (69) and Bazeilles (08)); and exports 90% of its products, notably through its 9 subsidiaries and technical sales offices (United States, Mexico, China, India, Russia, Slovakia, Germany, Brazil, Romania). The group meets the needs of many sectors, such as the automotive, aeronautics, furniture, agriculture, construction, sanitary, or large retail.