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Core values and histories combine at Dormer Pramet

Core values and histories combine at Dormer Pramet

Added to MTDCNC by MTDCNC on 15 January 2015

The merger between rotary tooling manufacturer Dormer and cemented carbide specialist Pramet has been formalised with the announcement of a new corporate name and logo. 

 

The strengths of both tooling brands will be woven together under the name Dormer Pramet, creating a single platform that provides wide ranging benefits to customers including a significantly enhanced product programme and an expanded sales and technical support service.

 

With a combined history of more than 150 years, the coming together of Dormer and Pramet marks a significant milestone for the companies, both of which have built strong reputations in the global cutting tool industry.

 

Group President, Fabrizio Resmini, explains the rationale behind the decision to align the two brands. He said: ''Dormer’s round tool specialisation and Pramet’s focused expertise in the design and production of indexable inserts complement each other extremely well.

 

''Our core programs are built around a range of products designed for the general machining industry which dovetail together very neatly. So, from a product perspective, customers now have access to a wide range of rotary and indexable hole-making, milling, threading and turning tools from one single source.

 

As well as a stronger product line up the company boasts an expanded sales network with 30 offices worldwide, serving more than 100 countries. These are supported by greater warehousing and logistics capabilities and state-of-the art production facilities in Europe and South America.

 

''The fact that the companies are also a good ‘fit’ from a business culture perspective makes the combining of our capabilities even more logica'', adds Mr. Resmini.

 

''We now have 600 sales staff and 900 involved in product development and production. It is no secret; we have merged to expand our market share. In the markets where one of the brands is more established, we will use that to our advantage to increase the exposure of the other brand’s product range. This will always be done with the philosophy of providing a solution that is simply reliable.''

 

Fabrizio concludes: ''With the combined strengths and knowledge of Dormer and Pramet we are in a strong position to provide the crucial support required by our customers. 

 

''From reliable products that perform to a consistently high standard, to experienced technical backup from our engineers, businesses across the globe know they can trust us to deliver.''

 


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