From left to right: Arjunan Ramachandran, Juliane Blank and Alexander Lenert
Photographer Ingo Rack
Source: Texmo Precision Castings
The closing of the transaction is subject to customary regulatory approvals.
The completion of this agreement will create a group that has manufacturing capabilities in Asia, Europe, and the US. Texmo Blank will have the best combination of process competencies, latest technologies, long-standing expertise in the industry, and a passion for excellence.
The Texmo Blank group has over 130 years of combined experience and marks a synergy of two companies that have remarkably similar history, and corporate culture. Both Feinguss Blank and Texmo Precision Castings are family-run companies with a reputation for being employee-centric. Texmo Precision Castings, like Feinguss Blank, has always placed the development of the company as the primary focus of all operations.
Arjunan Ramachandran, Managing Director of Texmo Precision Castings puts the global presence of Texmo Blank in perspective:
“It gives me great pleasure to continue our journey towards becoming a global company together with Feinguss Blank. The opportunity to join forces with such a respected company as Feinguss Blank is exciting for all involved and innovation will lead the way as we grow together. Few companies can match the combined knowledge of Texmo Precision Castings and Feinguss Blank when it comes to quality and service in investment casting. By combining expertise, experience and passion, Texmo Blank will operate on a global scale and provide a wider range of products and services to a broader customer base. Our growth and resources will also enable us to continue to support our customers with world-class delivery times, a superior service offering and cost efficiencies. As companies that are like-minded in many ways – from a shared commitment to sustainability and quality to a family-led culture – Feinguss Blank and Texmo are a perfect fit. This provides the basis for joint growth. I am convinced that Texmo Blank will inspire the investment casting industry.”
Juliane Blank, Managing Director of Blank Holding GmbH talks about the families coming together:
“For more than 60 years, Feinguss Blank has made a name for itself in the investment casting world that is well-known in German-speaking countries, but now also far beyond. In doing so, the Blank family has always put the well-being and further development of the company in the foreground. “The continuous globalisation of the last 30 years shows a clear trend that makes it necessary for a company like ours to position itself worldwide in order to be successful. We are very happy to be working with the Texmo Group and the Ramachandran family to make Blank a strong global company. We are particularly pleased that two family businesses have found each other here, based on similar values and history, and can thus combine their strengths globally.”
Source: Texmo Precision Castings
