NETZSCH Fine Particle Technology, LLC and SPX Corporation signed a definitive agreement on April 30, 2010 under which NETZSCH acquired the Premier Mill business of SPX Corporation. Premier Mill is a well-known brand of grinding and dispersing equipment. As of May 3, 2010 the combined products and services of NETZSCH and Premier Mill became available under the new company name, NETZSCH Premier Technologies, LLC.
Premier Mill’s product line is a strategic addition to the existing NETZSCH portfolio of grinding, dispersing, mixing and deaereating equipment. This equipment is ideal for processing coatings, inks, pigments, pharmaceuticals, food, ceramics, agrochemicals, minerals and many other products. The combined product line enables NETZSCH Premier Technologies to offer a broader range of solutions to both current and new customers. NETZSCH will build on Premier’s customer relationships by maintaining sales, service and support for all Premier parts and products.
“The addition of Premier Mill will advance NETZSCH’s position as the leader in wet and dry fine grinding technology with the most comprehensive line of processing equipment,” said Dimitrios Makrakis, managing director of the Germany-based NETZSCH Business Unit Grinding & Dispersing. “Premier’s equipment, talent and customers complement NETZSCH’s business and extend our ability to meet any challenge in mechanical process engineering.”
Other terms of the transaction were not disclosed.