Scm Group acquires DMS
Nov 26, 2018Scm Group, a leading Italian multinational company in machinery and industrial equipment, has finalized the acquisition of USA-based DMS Diversified Machine Systems located in Colorado Springs, CO. DMS is an important US player in the design, manufacture, distribution and service of innovative CNC machinery, particularly for many plastics and composite materials applications. This acquisition will strengthen SCM Group's global leadership in these and other sectors, and is complimentary to a broad portfolio already established in these markets via its venerable CMS brand of customized CNC machines.
Andrea Aureli, SCM Group CEO, said of the acquisition: “The addition of DMS to the CMS family of brands broadens our portfolio of capabilities, and expands available technologies we can deploy within our core business of offering custom CNC machine solutions. By adding DMS together with those of CMS and SCM Group capabilities, we can offer our customers a wider range of solutions with expanded features and greater opportunities for creating manufacturing efficiencies and higher return on investment”.
Patrick Bollar founder of DMS and partner, will continue in his strategic role as Chief Technology Officer leading innovation and product development, and Tanya Williams will assume the role of CEO of DMS. Tanya and Patrick will be directed and supported by Matt Dietrich, CMS North America CEO, to assure proper alignment of strategy, capture of important synergies, and preservation of the respective technological and geographical strengths of both companies. “As part of SCM Group, we are excited to now have wider access to global markets, very experienced and proven capital equipment manufacturing expertise, and resources of a leading worldwide manufacturer”, adds Patrick Bollar, CTO and founder of DMS.
