Ceratizit announces acquisition of AgriCarb
September 13, 2022
Ceratizit SA, part of the Plansee Group, has acquired all shares of agricultural wear parts manufacturers AgriCarb SAS, Meyzieu, France, and intends to fold the company into its Hard Material Solutions Division. This acquisition is said to be an important part of Ceratizit’s growth and sustainability strategy.
“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,” stated Dr Andreas Lackner, speaker of Ceratizit’s executive board.
Founded in 1985, AgriCarb manufactures carbide-reinforced steel agricultural wear parts for soil and vineyard tillage. Its products are said to have a service life of 3-7 times longer than conventional steel counterparts. The company employs around sixty and offers a range of over 1,600 tillage products.
Lionel Curtat, AgriCarb’s previous Managing Director and co-owner, will accompany the integration into the Hard Material Solutions Division. He commented, “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.”
