SCM Group has signed an agreement with Tecno Logica to take over control of its share capital.

SCM is an international manufacturer and distributor of equipment for woodworking and other industries. Techno Logica has offered bespoke automation solutions for a wide variety of industrial processes for more than 20 years.

This is a strategic operation that expands the range of products and services offered by the group with integrated modular and scalable systems, for large automotive, furniture, and door production manufacturers.

Tecno Logica is based in Treviso and is one of the main manufacturers of highly productive and flexible systems for a wide range of industrial processes, with over 200 installations in Europe, the Middle East, Mexico and the USA, and has a turnover of more than 30 million Euro.

“This buy-over further enhances our leadership in the aluminum, composite, and wood machining sectors where we are already present with our Cms and Scm brands," said Marco Mancini, Scm Group's CEO.

"Further options at the top end of the market open up with an opportunity to get ahead of new trends and innovate our offer even more strategically."

“Becoming a part of a solid multinational organization like Scm Group," adds Mirko Piasentin, CEO of Tecno Logica, "will provide greater access to leading clients around the world thanks to the group’s direct presence and capillary sales and assistance organization.”