The Tyrolit Group acquires ATS

Published 4/3 at 10:29

The Tyrolit Group has acquired a majority shareholding in ATS (Abrasive Tools Specialists), a reputed Australian wholesaler, importer and converter of abrasive tools. “We are thrilled about this strategic investment in ATS, which not only strengthens our foothold in the Australian market but also opens doors to new opportunities and industries. We look forward to integrating the strengths of both entities and further contributing to the success story,” says Thomas Frieß, CEO of Tyrolit.

Market expansion with enormous potential

With a focus on industrial trade products and precision abrasives, Tyrolit aims to diversify its offerings and cater to a wider range of customer needs. The Group envisions substantial market growth and expansion through the majority shareholding in ATS. The existing management's extensive expertise positions ATS as a key player for forward integration. The acquisition also facilitates synergies, leveraging ATS' infrastructure for upscaling and providing access to approximately 500 new customers, who can now access Tyrolit's extensive product portfolio. Simon Parkinson, managing director of ATS says: “We are really excited about the opportunities this presents for us as a company but even more so for our customers, who will benefit immensely of the expansion and the synergies.”

 

About ATS and the Tyrolit Group

ATS (Abrasive Tools Specialists) has distinguished itself as a reliable distributor and converter of abrasive tools, offering a comprehensive range of abrasives both directly to the market and though a well-established network of distributors. Headquartered in Melbourne and with a secondary office in Brisbane, ATS is at the forefront of the industry. With a combined experience of over 56 years in abrasives, ATS’ management team has demonstrated consistent growth over the last years. Tyrolit manufactures grinding and dressing tools and is also a system provider for the construction industry. With roots in the heart of the Austrian Alps, Tyrolit combines the strengths of family values with a global vision and over a century of individual corporate and technological experience.

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