Belgium-based Summa, providers of Summa-branded vinyl cutters, flatbed cutters, thermal printers and related media and materials, announces its purchase of UK-based CadCam Technology, which develops and manufactures laser cutting and laser engraving machines, as well as software.
According to Summa, the merged businesses will continue as before and will complement each other in order to offer customers even better solutions.
CadCam’s main markets are soft signage, garment, and garment embellishment, with major customers in the automotive, solar panels, sportswear, and footwear industries.
The acquisition also includes CadCam’s subsidiary, GS UK Ltd. According to Summa, it is an important UK distributor and test center of CCT equipment. GS also has a strong relationship with the textile industry, Summa says, which will present a lot of opportunities to further grow its garment and garment embellishment business.
“We have seen a substantial growth in Summa in recent years and the acquisition of CCT is a real milestone for us,” says Erwin Vandousselaere, CEO of Summa. “The complementarity with Summa is remarkable, at which CCT is very innovative and experienced in the garment industry. Together we will be stronger to achieve further growth.”
Adds John Bell, founder of CCT and GS UK:
“With Summa, I am fully convinced that CCT will have continuity through their worldwide network and well-developed sales and marketing capacities. We have been working together since the early nineties, where CCT uses Summa’s controllers and Summa uses CCT’s software. That makes Summa our ideal partner to enlarge the business.”
CadCam’s U.S. operations are based out of Elgin, Illinois.