Headlines

Kongsberg PCS Acquires MultiCam, Sets Sights on New Markets

MultiCam will continue to operate under its own name.

Published

3 years ago

August 23, 2021

Kongsberg Precision Cutting Systems (Kongsberg PCS; Kongsberg, Norway) has announced the acquisition of MultiCam Inc. (Dallas, Texas), a manufacturer and distributor of computer numerical control (CNC) cutting machines and digital finishing processes.

Kongsberg PCS Acquires MultiCam, Sets Sights on New Markets

Stuart Fox, president, Kongsberg PCS

The acquisition of MultiCam includes its operations in the U.S. and sales offices in Canada and Germany. In a release, Kongsberg said the deal creates “the world’s first diversified provider” of digital finishing and CNC cutting machines. Financial terms of the deal were not disclosed.

MultiCam will continue to operate under its own name within Kongsberg PCS, with David J. Morse joining the Kongsberg senior management team and continuing to lead the MultiCam business.

Founded in 1989, MultiCam supplies CNC cutting solutions for various industries and applications ranging from signmaking to digital finishing, aerospace to automotive, sheet-metal to plate-steel processing, and more.

The deal comes five months after Kongsberg PCS was established as a standalone business following its acquisition by OpenGate Capital.

“In addition to strengthening our hardware offering, we are also planning routes into new markets. … MultiCam has extraordinary market reach with its range of CNC routers, laser, plasma, waterjet and knife-cutting machines,” says Stuart Fox, president of Kongsberg PCS.

To read the full release, visit kongsbergsystems.com.

Screen Printing Staff

Screen Printing magazine has been the leading publication and trusted source of information for the screen printing industry for more than 60 years. Our magazine, website, social media channels, and bulletins cover breaking news, innovative products, expert insight, and tools for success.

click to Comment(Comment)

Up Next

Print Shop Raises $79K for Local Businesses with T-Shirt Fundraiser

Don't Miss

WATCH: Screen Printer’s Viral TikTok Video Approaching 10 Million Views

Let’s Talk About It

Creating a More Diverse and Inclusive Screen Printing Industry

LET’S TALK About It: Part 3 discusses how four screen printers have employed people with disabilities, why you should consider doing the same, the resources that are available, and more. Watch the live webinar, held August 16, moderated by Adrienne Palmer, editor-in-chief, Screen Printing magazine, with panelists Ali Banholzer, Amber Massey, Ryan Moor, and Jed Seifert. The multi-part series is hosted exclusively by ROQ.US and U.N.I.T.E Together. Let’s Talk About It: Part 1 focused on Black, female screen printers and can be watched here; Part 2 focused on the LGBTQ+ community and can be watched here.