Presseinformation vom 12.01.2024

The Tyrolit Group expands its presence in the Australian abrasives market with the acquisition of ATS

Tyrolit Headquarter in Schwaz, Austria © Tyrolit

Tyrolit Headquarter in Schwaz, Austria

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The Tyrolit Group, a leading player in the abrasives industry, has announced a significant move to solidify its position in the Australian market. As part of a strategic investment, Tyrolit acquires a majority share in ATS (Abrasive Tools Specialists), a reputed wholesaler, importer and converter of abrasive tools.

Schwaz (Tyrol/Austria), 12 January 2024 – Tyrolit, already well-established in the Australian construction business, seeks to continue its success story across more industry sectors. "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. 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.

Market expansion with enormous potential
The Tyrolit 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
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.

The Tyrolit Group
Tyrolit is one of the world's leading manufacturers of grinding and dressing tools as well as 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.