EBNER Group, a global provider of heat treatment solutions, melting, and casting for the aluminum industry has increased its stake in a furnace manufacturer, including annealing furnaces. GNA alutech inc. produces aluminum melting and holding furnaces, homogenizing and annealing furnaces, and cathode sealing equipment.
“We are excited to announce the full acquisition of GNA alutech inc. and would like to thank GNA’s founder, Ted Phenix, for his vision and leadership in building GNA into a successful company over 41 years. Over the last 5 years I was always impressed by the deep understanding and knowledge Ted was able to share with customers. Our strong professional developed to a strong personal friendship,” said Robert Ebner, CEO of EBNER Group.
EBNER Group provides heat treatment solutions for the aluminum industry with the companies EBNER, ETS, EED, Gautschi, TPS, Hazelett, HPI, and GNA, increasing its stake in the latter to 100%. The acquisition marks the culmination of a five-year partnership between EBNER and Ted Phenix, which began with EBNER Group acquiring a majority stake in GNA in 2019.
The leadership of GNA has been placed in the hands of Kaleb Wright, president of business development, and Chantal Coupal, president of operations.
Pictured: Chantal Coupal, president of operations of GNA alutech, and Kaleb Wright, president of business development of GNA alutech
The press release is available in its original form here.