Strategic partnership

Hypertherm Associates and BLM Group have entered into a strategic partnership to enhance the market reach of their solutions. As part of their collaboration, the two companies will jointly offer solutions based on BLM Group’s cutting, bending and forming technology as well as Hypertherm Associates’ cutting systems, cutting technology components and software solutions for plasma and waterjet cutting.

The partnership includes a minority stake in BLM Group by Hypertherm Associates and an agreement to strengthen demand in North America and Europe for BLM Group’s laser tube cutting and bending machines, flatbed lasers and robotic 3D laser cutting systems, among others. Combined, BLM Group’s expertise in laser cutting technology and Hypertherm Associates’ practical experience in integrated solutions represent a significant opportunity for both companies to strengthen their customer relationships and respond to the ever-evolving needs of the market. Hypertherm Associates was advised in the development of the agreement by Lincoln International and Advant NTCM, while BLM Group was advised by Grimani & Pesce and Gianni & Origoni. The strategic partnership allows both companies to maintain their current governance structure, operations and strategic priorities, allowing for continued innovation and consistent operational management. BLM Group has a proud heritage as a global family business with headquarters and manufacturing facilities in Cantù and Levico Terme, Italy. Hypertherm Associates, based in the USA, is 100% employee-owned. It has plasma cutting solutions manufacturing facilities in New Hampshire, a waterjet manufacturing facility in Minnesota and Washington, and a laser cutting consumables manufacturing facility in Sasso Marconi, Italy. Web: www.blmgroup.it