VERMES Microdispensing announces new investor group and expansion of business activities
VERMES Microdispensing, the renowned supplier of innovative microdispensing concepts and systems for adhesives, silicones, greases, solvents and other fluids, is pleased to announce a new investor group and the expansion of its business activities. The new investor, CCTC of Guangdong Province, China has worked diligently with VERMES Microdispensing CEO, Juergen Staedtler, to craft and implement a novel strategic vision for the business that will guarantee long-term growth for VERMES Microdispensing’s clients and members.
Juergen Staedtler, CEO and Managing Director of VERMES Microdispensing said: “We are delighted to welcome ChaoZhou Three-Circle (Group) Co.; Ltd. (CCTC) as long-term stakeholders. Their commitment will allow us to continue to grow our business and best serve our customers. We are now in our 7th year and with strong growths, VERMES Microdispensing is on a great trajectory.”
The firm has recently shown significant growth in revenues, strong increase in employment of new professionals including a rapid, 30 percent growth of its Research and Development team and steady expansion of its worldwide locations. With Juergen Staedtler continuing to lead VERMES Microdispensing GmbH, under the new ownership arrangement and with access to new equity, the company will be able to accelerate its ambitious and highly innovative product development plans.
Zhang Wanzhen, CEO of CCTC stated: “We were highly attracted to the opportunity to invest in VERMES Microdispensing. Its unique expertise that is highly thought of worldwide and its strong business model make it an excellent investment for CCTC. By working with a partner that shares our long-term vision, we aim to support and further strengthen VERMES Microdispensing’s growth for many years to come.”
He added: “The company’s very talented group of high-tech experts, as well as its outstanding entrepreneurial culture provides the company with a strong foundation for designing a whole new portfolio of solutions. This can drive us into new market segments and will help some of the world’s largest companies advance their production processes.”
Many business synergies and a complementary customer base will soon allow our loyal users to recognise the impact of the new company’s development and market power.
Juergen Staedtler, CEO of VERMES Microdispensing, closed by commenting: “As we embark on this new relationship with CCTC, we anticipate releasing multiple new products in the coming year.”
The legal transaction of the transformational acquisition has been granted all the required regulatory approvals.
VERMES Microdispensing will continue to be headquartered in Otterfing near Munich, Germany where it plans to move into new, own purpose built premises.