Cifin Group acquires 100% stake in CAMäleon

Date: 18 November 2016

Photo source

www.keraglass.com

Date: 18 November 2016

The company recorded around euro 750 thousand in Sales in 2015.

Cifin Group has signed a contract to buy shares equal to 100% of the share capital of CAMäleon Produktionsautomatisierung GmbH.

The company is located in Germany, in Dettenhausen, and it is specialised in the development and distribution of software for multi-axis machining centres under PUMA System® brand.

Commenting on this operation, Valter Caiumi, President of Cifin Group, declared:

"This acquisition represents an important strategic step that will widen the software portfolio of the Group to the sector of machining centres for industrial applications.

Under Cifin Group, PUMA products will boost their growth opportunities and development in new industrial sectors, more and more oriented to the integration of the digital technologies in the manufacturing processes, to the Industry 4.0 and to the intelligent factory”.

600450

www.keraglass.com

2016-11-18T07:25:00

Cifin Group acquires 100% stake in CAMäleon glassonweb.com

See more news about:

Announcements Italy

WhatsApp LINKEDIN FACEBOOK X PRINT MORE

Others also read

MORE...

Viprotron North America Appoints Kingston Eck as President

Viprotron North America is excited to welcome Kingston Eck as its new President, bringing extensive industry experience and leadership to drive the company’s continued growth and innovation.

From left to right: Mike Choi, Atte Kuusisto, and Amir Johari

Announcing TNT as the New Sparklike Partner in South Korea

Sparklike is pleased to announce that Trend Trade & Trans Trade Intl Co., Ltd. has been appointed as its new official distributor in South Korea.

FGIA Board of Directors Unanimously Votes in Favor of Naming Three New Honorary Members

The Fenestration and Glazing Industry Alliance (FGIA) has named three new Honorary Members of the Association.

Guardian Glass publishes new Environmental Product Declarations for its Asia Pacific products

Guardian Glass has published new Environmental Product Declarations (EPDs) for its portfolio of processed and unprocessed flat glass produced in Thailand.

Ticket sale is now open for GPD 2025!

GPD 2025 is just around the corner, and tickets are officially on sale!

Precision Glass Industries Expands with New State-of-the-Art Facility in Conroe, Texas

Precision Glass Industries (PGI) is proud to announce the opening of its second location, a cutting-edge 135,000-square-foot fabrication campus in Conroe, Texas.