SCM Group, an Italian machinery and industrial equipment company, and parent company of Caledonia, Mich.-based CMS North America, has finalized the acquisition of Diversified Machine Systems (DMS), located in Colorado Springs, Colo. DMS is a 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 position in these sectors, according to the company.
“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 SCM Group CEO Andrea Aureli. “By adding DMS together with 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 a partner in the company, will continue in his role as chief technology officer, leading innovation and product development. Tanya Williams will become CEO. Matt Dietrich, CEO of CMS North America, will direct and support Bollar and Williams to ensure proper alignment of strategy, capture important synergies and 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,” adds Bollar.