Gleason Completes Acquisition of IMS Koepfer Cutting Tools GMBH

ROCHESTER, NEW YORK/USA, 17. Dezember 2013. Gleason Corporation today announced the completion of its acquisition of IMS KOEPFER Cutting Tools GmbH of Eisenbach, Germany from IMS Gear GmbH and KOEPFER Verzahnungsmaschinen GmbH. IMS KOEPFER Cutting Tools is a producer of high-quality gear cutting tools and related products and services and will soon be renamed Gleason Cutting Tools GmbH. Gleason previously announced the execution of a definitive agreement to acquire IMS KOEPFER Cutting Tools on November 29, 2013.

Gleason Corporation’s mission is to be The Total Gear Solutions Provider™ to its global customer base. Gleason is a leader in the development, manufacture and sale of gear production machinery and related equipment. The Company’s products are used by customers in automotive, truck, aircraft, agriculture, mining, wind power, construction, power tool and marine industries and by a diverse set of customers serving various industrial equipment markets. Gleason has manufacturing operations in the United States, Germany, Switzerland, India, China and Japan, and has sales and service offices throughout North and South America, Europe and in the Asia-Pacific region.

More information about Gleason Corporation is available on the World Wide Web at http://www.gleason.com.