REGO-FIX Tool Corp. Acquires Swiss-Based Manufacturer GEWITEC

REGO-FIX AG has signed an agreement to acquire the majority equity interests of the Swiss based company GEWITEC AG. GEWITEC is an established, global provider of standardized precision parts for the tool and machine industry and for OEM solutions. According to Richard Weber, CEO of REGO-FIX AG Switzerland, “GEWITEC is an ideal fit for the REGO-FIX Group and working with them will offer increased opportunities and synergies between the two companies. Both share the same core values in terms of quality, customer service and Swiss made precision.” GEWITEC is headquartered in Kappelen, Canton of Berne, Switzerland. The company, its brands and management will remain unchanged. The core values and identity of GEWITEC will continue unchanged as part of the REGO-FIX group. “The merger with REGO-FIX is an important step in our company history, and as a result, we look forward to further boosting our international market presence,” said Michel Stegmann, CEO of GEWITEC. “The product portfolios of the two companies complement each other perfectly, and customers will benefit from a broader range of products.”

About REGO-FIX

With U.S. headquarters in Whitestown, Indiana, REGO-FIX, inventor of the original ER collet system, is a world leader in the manufacture of Swiss precision tooling. For more information on REGO-FIX, its products and services, or to request a catalog, please call 1.800.REGO-FIX or visit the company’s website at www.rego-fix.com.