Swiss company Starrag Heckert acquires German Dörries Scharman

Earlier this year, Switzerland's Starrag Heckert acquired Germany's Dörries Scharmann for $95 million. The combined company will have an annual output value of $415 million and a favorable position in the field of medium to extra-heavy machine tools. Dörries Scharmann, with sales of $173 million in 2010, has 3 production plants in Germany and France, and sales companies in the UK, USA, China, Russia and Brazil. The main products are Dörries vertical lathes, Droop + Rein gantry machining centers, Scharmann horizontal machining centers, boring and milling machines, Berthiez lathes and grinders, Ecospeed aerospace gantry milling machines. The history of Starrag Heckert in Switzerland can be traced back to 1897. In 1920, it began to produce gantry milling machines. After acquiring the German Heckert company in 1998, it began to use the current name. In the first half of 2010, Starrag Heckert recorded sales of CHF 96 million and a profit of CHF 3 million. The main products are four-axis or five-axis machining centers, special blade machining equipment, high-precision SIP brand machining centers and engineering services.