Business acquisition Brandt FMI
HTM Technologies is proud to announce the business acquisition of Brandt FMI. As of the 18th of March 2014 the Brandt FMI activities will continue as a sister subsidiary of the HTM Technologies, located in Almere, The Netherlands. The advanced machining and ultra precision competences of Brandt FMI will continue under the name HTM Precision (formerly known as PM Precision) and directly capital investments in high-tech equipment have been made.
Brandt FMI is a well-known organization which operates in the same high level industry as the HTM Technologies and is a strong and certified supplier of ultra high precision parts and value engineered solutions for the Aerospace, Military and Maritime industries. Together with the other business divisions of the HTM Technologies, this acquisition will enforce the management long-term mission to become a integrated solution provider for the high-tech market segments like medical, analytical, semicon, aerospace and defense. Additionally through this acquisition the HTM Technologies is able to enter the more demand stable Aerospace and Military markets. Therefore this business acquisition gives the HTM Technologies the unique ability to compensate the fluctuating semiconductor market demand with long-term projects.