Nimbus, a Dutch-German firm focused on investments in manufacturing companies, has completed its acquisition of 3M’s Precision Grinding & Finishing (PG&F) business.
Following the acquisition, the Precision Grinding & Finishing (PG&F) business will operate as Winterthur Technology Group. During a transition period, the business will continue to operate under the 3M brand while gradually introducing Winterthur Technology Group as its future identity, ensuring continuity for customers and partners.
Nimbus stated that Winterthur Technology Group combines deep expertise with advanced manufacturing capabilities. With increased agility and a clear strategic focus, the company is well positioned to strengthen its leadership in the bonded abrasives market.
“Precision Grinding & Finishing is a highly respected market leader, known for its advanced technology, product quality and ability to deliver tailored solutions. Its global footprint and skilled teams provide a strong foundation for growth,” said Henning Andresen, Senior Partner at Nimbus. “Our investment focuses on strengthening these capabilities — enhancing agility, deepening customer focus and driving closer collaboration across regions. As Winterthur Technology Group, the business is well positioned to accelerate growth and reinforce its leadership in precision grinding.”
As part of the acquisition, Nimbus has appointed Edmar Allitsch as CEO of Winterthur Technology Group. Allitsch previously served as CEO of Winterthur Technologie AG prior to its acquisition by 3M and is now returning to lead the company through this transition.
“Winterthur Technology Group combines deep technical expertise, advanced manufacturing capabilities and a strong customer focus. Our priority is to strengthen innovation, deliver high-performance solutions and support our customers’ success. We are moving forward with clarity, continuity and ambition,” said Allitsch.
