Mutares press release - 8 July 2024 - 8 July 2024
Mutares acquires the Hirschvogel site in the United States, which becomes Walor North America Inc.
Mutares announced on July 8 that it has acquired Hirschvogel Incorporate to strengthen Mutares' Automotive and Mobility segment. This acquisition is part of Walor's strategy to expand its activities on the North American continent. Based in Columbus, Ohio, USA, the company is a specialist in the manufacture and machining of steel components with core capabilities in mid-hot forging, cold forging and heat treatment. Its broad product range includes gears, drive shafts, rotor shafts, calipers and seals, for a wide range of OEMs and manufacturers including Ford, Metallus and Dana. With around 320 employees, the company has generated sales of €100 million by 2023, with significant growth potential.