Comet Group Purchases PCT Engineered Systems
In order to rapidly expand market access and the product portfolio for its innovative ebeam technology, the Comet Group signed a purchase agreement this week with the system integrator PCT Engineered Systems LLC, based in Davenport, Iowa.
Comet will thus become a vertically integrated powerhouse for low-energy ebeam technology. The parties agreed not to disclose the value of the transaction.
The acquisition of PCT Engineered Systems provides the Comet Group with direct access to the ebeam end-user market and in one shot also allows the group to expand its ebeam product portfolio.
Charles Flükiger, president of X-Ray and ebeam technologies, says: "Comet will be able to provide a solution for all potential users of low-energy ebeam technology. This is true for ebeam modules for OEMs, entire ebeam systems to end customers, as well as for all the automation required upstream and downstream from the beam."
"The acquisition of PCT Engineered Systems is an important step in the strategic development of the ebeam business as a third pillar of COMET Group," says Ronald Fehlmann, CEO of Comet Group. "The acquisition allows us to tap market potential that was previously unavailable to us, enabling us to generate sustainable value for the company, shareholders, clients and employees."
PCT Engineered Systems LLC
(563) 285-7411
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