The AVK Group as part of its continued growth strategy, acquired Frese Metal- og Stålstøberi A/S located in Slagelse.
Frese Metal and Stålstøberi employs more than 75 people and has for many years manufactured castings for complex solutions in corrosion-resistant materials, including aluminum bronze, gunmetal, stainless and duplex steel of the highest quality.
The background for the acquisition is that Frese Metal- og Stålstøberi A/S has been a supplier of castings to AVK for several critical products for more than 20 years. In addition, the foundry has sales to external customers in Scandinavia.
“The acquisition adds new production technical skills, know-how, and opportunities for castings and ensures a supply chain that fits well into AVK’s Advanced Manufacturing division and will contribute to the further development of the division,” says Jacob Kjær, Group Director, Advanced Manufacturing.
With AVK’s takeover, the foundry will continue unchanged under the name Frese Metal- og Stålstøberi A/S. The foundry will be a subsidiary of AVK Tooling A/S. Anders Jensen, CEO of AVK Tooling A/S, will in future assume the role of CEO, and Jesper Bjørk Hansen, will continue in the role of COO of the foundry.