Kongsberg Cutting Systems acquires MultiCam
Further reinforcing its position in the digital finishing market, Kongsberg Cutting Systems has acquired MultiCam Inc USA, which manufactures and distributes CNC cutting machines and digital finishing processes. The acquisition of MultiCam, including its operations in the US and sales offices in Canada and Germany, expands Kongsberg’s market reach and customer base across North America and Europe, creating a worldwide diversified provider of digital finishing and CNC cutting machines.
The acquisition comes just five months after Kongsberg was established as a stand-alone business after being acquired by OpenGate Capital. Since 1965 the Kongsberg name has been synonymous with innovation. The company’s systems have led the industry in delivering precision, reliability and quality through seven decades and, with the investment of users, the company has have a roadmap that will undoubtedly take this robust company to a new level. MultiCam shares this ambition, and just like Kongsberg the business has a loyal and valued team that has been with the company for many years and helped build and shape it into what it is today.