TYROLIT and Asahi in new business alliance
Through a strategic business alliance, between the globally operating TYROLIT group and the Asahi Diamond group, both industrial companies are extending their assortment with selected product ranges in Europe and Asia respectively.
Customers, as well as both companies, will profit economically and logistically from created synergies and the complimentary know-how.
As one of the leading solutions providers for grinding tools, TYROLIT's aim is to offer as comprehensive a product portfolio as possible for a variety of industries. By distributing Asahi grinding tools for processing electronic parts, TYROLIT is able to expand the market presence considerably in the semiconductor and electronics industry. Asahi is one of Asia's leading providers in this industry.
In the bearing and gearing industry, TYROLIT additionally expands the assortment by adding selected Asahi dressing tools. For customers in Europe, TYROLIT will be a one-stop shop for any and all products necessary for the grinding and dressing process in these industries.
At the same time, the Asahi Diamond group is strengthening its leading market presence in the bearing and gearing industry in Asia by supplementing their portfolio with selected conventional grinding tools from TYROLIT. This gives the Japanese industrial group access to about 100 years' worth of TYROLIT knowledge in the development of high-precision grinding tools.
In early November, the business alliance was officially announced during JIMTOF2018, the leading trade fair for the tool industry in Tokyo. There the extended TYROLIT product portfolio was presented to a wider professional audience for the first time.