Kongsberg Precision Cutting Systems acquires Multicam
September 7, 2021 By PrintAction Staff
Kongsberg Precision Cutting Systems (Kongsberg PCS) acquires MultiCam, Inc., a U.S. manufacturer and distributor of computer numerical control (CNC) cutting machines and digital finishing processes.
The acquisition of MultiCam, including its operations in the U.S. and sales offices in Canada and Germany, expands Kongsberg PCS’ market reach and customer base across North America and Europe, and creates one the world’s first diversified provider of digital finishing and CNC cutting machines.
Stuart FoxStuart Fox, Kongsberg PCS president, said, “This is a monumental day for Kongsberg and MultiCam. Our businesses coming together to drive best-in-class cutting and finishing processes will deliver a tremendous advantage for our global customer base. Following the completion of the deal I am now excited to begin integrating our businesses and exploring new markets.”
Founded in 1989, MultiCam supplies CNC cutting solutions for a multitude of industries and applications ranging from sign making to digital finishing, aerospace to automotive, sheet-metal to plate-steel processing, hardwoods to cabinet making and thermoform trimming to plastics fabrication.
MultiCam’s CEO, David J Morse added, “At MultiCam, we have worked for over 30 years to diligently build a world-class organization in the focused cutting arenas of routing, fabrication and digital finishing. The MultiCam brand is synonymous with quality, durability and ease of use. We are very pleased to join forces with Kongsberg who has built an outstanding global brand and culture that align directly with what we have built at MultiCam.”
The company will continue to operate under the MultiCam name within Kongsberg Precision Cutting Systems, with David J Morse joining the Kongsberg PCS senior management team and continuing to lead the MultiCam business.
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