COMET Group to expand electron beam business with acquisition of PCT Engineered Systems

Source: COMET Group

May 05, 2015

In order to rapidly expand market access and the product portfolio for its ebeam technology, the COMET Group last month signed a purchase agreement with the system integrator PCT Engineered Systems LLC, based in Davenport, Iowa.

Following this acquisition, COMET says it will become a "vertically integrated powerhouse for low-energy ebeam technology."

Both 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 also allows the group to expand its ebeam product portfolio.

"COMET will be able to provide a solution for all potential users of low-energy ebeam technology," says Charles Flükiger, president of X-ray and ebeam technologies. "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," said 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."