NETHERLANDS-headquartered Cyklop has completed the acquisition of The Needham Group, a specialist in coding and marking systems and materials.
The move strengthens the company’s position in this product sector across Europe, Africa, and part of the Middle East.
“I am excited that Cyklop now has our own ink production facilities on the three continents, which is a direct benefit to our customers,” said Roberto Salemme, CEO of Cyklop. “We are also well positioned with Needham’s coding and marking technologies and expertise to offer OEMs and end users a complete packaging line of equipment.”
Aled Ellis, MD of UK and Ireland-based Needham Group, added, “Joining forces with Cyklop marks an exciting new chapter for Needham, enabling us to strengthen our position across Europe, Africa, and parts of the Middle East while continuing to deliver the innovative coding and marking solutions our customer’s trust. With Cyklop’s global reach and resources, we can expand our product offerings and provide even greater value to new and existing customers.
“I look forward to leading this next phase of growth and working closely with the Cyklop team to ensure our continued success.”