SCM Group Acquires Diversified Machine Systems
SCM Group, an Italian multinational company in machinery and industrial equipment and parent company of CMS North America (CMSNA; Caledonia, Michigan), has finalized the acquisition of Diversified Machine Systems (DMS), located in Colorado Springs, Colorado. DMS is said to be an important domestic player in the design, manufacture, distribution and service of CNC machinery, particularly for many plastics and composite materials applications. This acquisition will strengthen SCM Group’s global leadership in these sectors and others, the company says.
“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,” says Andrea Aureli, SCM Group CEO.
Patrick Bollar founder of DMS and a partner in the company, will continue in his strategic role as chief technology officer, leading innovation and product development. Tanya Williams will become CEO. Matt Dietrich, CEO of CMSNA, will direct and support Mr. Bollar and Ms. Williams to ensure proper alignment of strategy and to preserve both companies’ technological and geographical strengths.
“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,” says Mr. Bollar.