Metalworking Solutions Business Strengthens Reconditioning Capabilities in Europe: U.F.P. s.r.l. in Italy Becomes a Consolidated Subsidiary

April 4, 2025

MMC Hardmetal Europe Holdings (Head office: Germany), wholly owned by Mitsubishi Materials Corporation (“MMC”), is a consolidated subsidiary of MMC and the European holding company for cemented carbide tool sales companies. It has newly acquired all shares of U.F.P. s.r.l. (Head office: Italy, hereinafter “UFP”), a leading metalworking company providing cutting tool reconditioning services in Europe, and has made it a consolidated subsidiary.

The consolidation is in response to growing customer demand in Europe for rapid, high-quality tool reconditioning.

By combining UFP's expertise and production capabilities with the Group’s Valencia, Spain, manufacturing facility, the Group aims to expand its service portfolio and strengthen its competitiveness in the European market.

Founded in 1987, UFP has a strong reputation in the metalworking industry for providing reconditioning and various solution services of high quality and speed. With two manufacturing sites in Italy, the company serves a wide range of industries, including aerospace, medical, automotive and energy, etc. By working with UFP, the Group expects new synergies in its European operations and aims to improve service capabilities it offers its customers.