Hypertherm Associates and BLM GROUP announced a strategic partnership agreement aimed at expanding the market reach of their respective solutions. The two industry leaders will collaborate to offer premier solutions to customers through BLM GROUP’s laser cutting and tube bending systems and Hypertherm Associates’ plasma and waterjet cutting products and software.
The partnership includes a minority stake investment in BLM GROUP by Hypertherm Associates and a commercial agreement to expand the demand generation for BLM GROUP’s tube cutting and bending systems, and pipe and plate cutting systems, as well as 3D robotics systems in North America and Europe. The combination of BLM GROUP’s expertise in laser cutting technology and Hypertherm Associates’ experience in integrated solutions presents a significant opportunity for both companies to strengthen customer relationships and respond to the evolving needs of the market.
The strategic partnership allows each company to maintain its current leadership structure, operations, and other strategic priorities, allowing for continuous innovation and consistent operational management.
This strategic agreement marks the beginning of a promising collaboration that aims to elevate industry standards and create sustainable value for both companies and their customers.
