Ceratizit
| Company type | corporation |
|---|---|
| Industry | Machine tools |
| Predecessor | Plansee Tizit and CERAMETAL |
| Founded | 2002 |
| Founder | Nicolas Lanners |
| Headquarters | , |
Area served | Worldwide |
Key people | Jacques Lanners (Managing Director) |
| Products | Powder-metallurgical, sintered hard metal products |
| Owner | Plansee Group |
Number of employees | 9,000 (2025) |
| Website | www |
The Ceratizit Group is a Luxembourg manufacturer of machine tool and hard material products for wear protection and cutting tools. It is 100% owned by Plansee Group and operates 34 production facilities worldwide. The company's headquarters are located in Mamer, Luxembourg.[1]
History
[edit]Predecessors and foundation
[edit]In 1948, the cooperation started between CERAMETAL and the company then known as Plansee GmbH.
In 1979, CERAMETAL launched production operations in the USA and the first ceramic parts were manufactured in 1988.
In 1996, Instrument AG in Bulgaria was incorporated in Plansee Tizit while, at the same time, collaboration got underway with Siel to form Siel Tizit Ltd. in the Indian city of Kolkata.
CERATIZIT S.A. was created in 2002 as the result of a merger between the companies CERAMETAL (founded in 1931) and Plansee Tizit (founded in 1985).[2] CERAMETAL was founded in Walferdange, Luxembourg, by Nicolas Lanners.[3]
Growth
[edit]Following the start-up of the company in 2002, it opened sales offices in Brazil, Poland, Hungary and the Czech Republic.
In 2007, new administrative premises were unveiled in Mamer and Reutte, while sales and marketing offices were opened in China, Mexico and Spain. In 2007, Ceratizit acquired Newcomer Products, Inc., a private company based in Latrobe/Pennsylvania.[4]
In 2010, Ceratizit and CB Carbide combined their Asian activities within the joint venture company CB-CERATIZIT in which both Ceratizit and the members of CB Carbide possess a 50% holding.[5]
In 2011, Ceratizit moved its Unites States regioanl headquarters from Latrobe, PA to Warren, Michigan.[6]
As of 2022, it had 7,000 employees and more than 25 production sites in Europe, North America and Asia, and a sales network of over 70 branch offices.[citation needed]
Patents
[edit]The company holds more than 1,000 patents worldwide and manufactured more than 10 billion sintered parts in 2010.[7]
References
[edit]- ^ "Plansee Group gains control over Luxembourg firm Ceratizit". Luxembourg Times. February 24, 2021.
- ^ "CERATIZIT - the history".
- ^ "Plansee to take majority stake in Ceratizit". Delano. February 25, 2021.
- ^ Wirtschaftsblatt, 11.07.2007
- ^ Wirtschaftsblatt, 02.11.2010
- ^ "Ceratizit USA Agrees to Acquire Best Carbide Cutting Tools". MDM Distribution Intelligence. January 23, 2017.
- ^ CERATIZIT on LinkedIn
