Business acquisition Tecnovia Group
The PM-GROUP is proud to announce the business acquisition of the Tecnovia Group. As of the 15th of May 2012 the Tecnovia Group companies (Tecnovia van den Akker, Tecnovia PSM and Tecnovia Innaxion) will continue as sister subsidiaries of the PM-GROUP.
The Tecnovia Group is a well-known organization which operates in the same high level industry as the PM-GROUP and is a strong and certified supplier of parts and integrated modules for the Aerospace, Military and Maritime industries. Together with the other business divisions of the PM-GROUP, this acquisition will enforce the management long-term mission to become a integrated solution provider for the high-tech market segments like medical, analytical, semicon, aerospace and defense. Additionally through this acquisition the PM-GROUP is able to enter the more demand stable Aerospace and Military markets. Therefore this business acquisition gives the PM-GROUP the unique ability to compensate the fluctuating semiconductor market demand with long-term projects.
The advanced precision sheet metal activities of the Tecnovia Group will continue under the name PM-PSM and directly capital investments in high-tech equipment have been made.
The aerospace and military module integration activities which include engineering, manufacturing, assembly and testing will continue under the name PM-AEROTEC
The advanced machining and ultra precision competences of Tecnovia van den Akker will continue under the name PM-PRECISION and directly capital investments in high-tech equipment have been made.