CERATIZIT announces the acquisition of AgriCarb

fr en de

CERATIZIT S.A., part of the Plansee Group, has acquired all shares of AgriCarb SAS. The privately owned company based in Meyzieu near Lyon has been the global leader in the field of tungsten carbide agricultural wear parts for over 35 years. Their products for soil and vineyard tillage stand out for their quality and achieve a service life 3 to 7 times longer than that of conventional steel products.

<< Back
  • Signature AgriCarb 2

The acquisition of AgriCarb is an important part of CERATIZIT’s growth and sustainability strategy, as Dr Andreas Lackner, Speaker of CERATIZIT’s Executive Board, explains: ’We want to become the leader in sustainability for the hard metal and cutting tool industry by 2025. The acquisition of AgriCarb helps us to reach this goal.’

Making agriculture more sustainable

With increasing restrictions on the use of herbicides in agriculture, the mechanical removal of weeds is coming more and more into focus. ’AgriCarb offers a wide variety of carbide tools for these and other applications in agriculture. In combination with their focus on premium products, the company is a perfect fit to our overall strategy and corporate culture,’ adds Executive Board Member Frank Thomé.

The experience of the French company also offers CERATIZIT the opportunity to enter new markets. ‘With a high degree of added value and expertise in the field of hybrid tools made of steel and tungsten carbide, AgriCarb is an ideal technological complement to our Hard Material Solutions Division,’ Thomé explains.

The previous Managing Director and Co-owner, Lionel Curtat, who will accompany the integration into the Hard Material Solutions Division, emphasises:

’I am very pleased to have found a buyer in CERATIZIT, whose worldwide distribution network and unique know-how in the manufacturing of hard metals can help AgriCarb to achieve higher market penetration and further growth.’

Both sides have agreed not to disclose the financial details of the transaction.

Back to top  | << Back

Communiqués liés

CERATIZIT FEDIL Environmental Award

Prix de l'Environnement pour les produits upGRADE de CERATIZ...

CERATIZIT a reçu le Prix de l'Environnement 2023 de la Fédération de l'indust...

Deloitte Luxembourg Impact Report Service Line Leaders

Deloitte Luxembourg releases its 5th Impact Report

With this 5th edition, Deloitte Luxembourg once again surpasses traditional metr...

Infrachain-Logo-Mobile copy

vDL Digital Ventures GmbH Wins the Exclusive Infrachain Tezo...

On November 28th and 29th, Infrachain, together with Nomadic Labs, Telindus and ...

Planinlux-Sustainable-Solutions-TR copy

The LIAISE COST action has been launched to foster Sustainab...

The LIAISE Cost Action has brought together 33 countries in pursuit of a shared ...

DataChef LuxProvide Partnership1280 x 854px

LuxProvide and DataChef harness MeluXina Supercomputer for t...

LuxProvide, the national Luxembourgish leading provider of high-performance comp...

LuxProvide S.A.
24/11/2023 Evènements

Marc Giorgetti, grand vainqueur du concours EY Entrepreneurs...

Jeudi 23 novembre, la finale du concours EY Entrepreneurs de l'Année a réuni p...

EY Luxembourg

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more