News

SCM Group – a leading multinational in technologies for machining a wide range of materials – has signed an agreement with Tecno Logica to take over control of its share capital.

This is a strategic operation, which expands the range of products and services offered by the group, from its Rimini headquarters, with integrated modular and scalable systems, for large automotive, furniture and door production manufacturers.

Based in Treviso, Tecno Logica is one of the main manufacturers of highly productive and flexible systems for a wide range of industrial processes, with over 200 installations in Europe, the Middle East, Mexico and the USA, with an annual turnover of over €30 million.

SCM Group CEO, Marco Mancini, points out that “this buy-over further enhances our leadership in the aluminium, composite and wood machining sectors, where we're already present with our CMS and SCM brands. This opens up further options at the top end of the market, offering an opportunity to get ahead of new trends and innovate our offer even more strategically.”

Mirko Piasentin, Tecno Logica CEO, adds: “Becoming part of a solid multinational organisation like SCM Group will provide greater access to leading clients around the world, thanks to the Group’s direct presence and capillary sales and assistance organisation.”

For further information on SCM Group, visit www.scmgroup.com, and to find out more about Tecno Logica, see www.tecno-logica.com.