Expanding the One-Stop-Shop: The Swiss LNS Group, world market leader for machine-tool peripherals, purchases the Italian company Fox IFS. The company with headquarters in Azzano San Paolo in the Lombardy region is specialized in producing industrial air filtration systems including oil mist collectors.
The Swiss LNS Group, world leader in bar feeding, takes over the Italian company Fox IFS.
The LNS Group is expanding: The world market leader in bar feeding with headquarters in Orvin (Switzerland) takes over the Italian company Fox IFS. The company from the Lombardy region develops, manufactures and markets industrial air filtration systems. “The purchase of Fox IFS allows us to expand our product range and therefore further strengthen our market position as the machine tool industry’s one-stop-shop. The acquisition also provides a further entry into green technologies that complements our existing coolant filtration systems in bringing environmentally conscious solutions to our customers”, explains LNS CEO Thomas Boehmer. “The take-over also permits additional R&D investment in mist collector solutions to bring innovative products to the market.”
The Swiss LNS Group, founded in 1973, is an international company with seven production facilities and 600 employees around the world. With successful bar feeder series like Express, Sprint and Alpha, LNS has become the world leader in bar feeding. In addition to that, LNS offers chip disposal and coolant management systems (CCM). “The oil mist collectors developed by Fox IFS complement the LNS product range. We can offer machine tool peripherals for the whole production cycle – from bar feeding, coolant management and mist collectors all the way to chip disposal systems”, states Boehmer.
Factory in Italy – worldwide growth
LNS will continue to manufacture in the existing factory in Azzano San Paolo in the Italian Lombardy region. “We will also continue to work with the currently employed specialists. The small structure with twelve employees makes it easy to integrate the company into the LNS Group”, reports Boehmer. The goal is to leverage the growth of the Fox IFS product line around the world.