Stemmer Imaging takes over US competitor Phase 1
With the complete takeover of the distributor Phase 1, Stemmer Imaging will have its own location in the USA for the first time. Further steps are to follow.
Having already been active outside Europe in Mexico and Latin America, Stemmer Imaging is now targeting the North American market with this step. The company is thus also responding to the wishes of important existing customers for a physical presence in the USA. At the same time, the distributor expects above-average growth rates in the industrial and non-industrial application areas. Stemmer Imaging therefore views Phase 1 Technology as a target-oriented platform investment for expanding existing customers and acquiring new customers. The 100 percent acquisition is expected to be completed in the second quarter of 2024.
Arne Dehn, CEO of Stemmer Imaging, comments: "We see our current entry into the North American market at exactly the right time, as the increasing regional fragmentation of the global economy is creating enormous opportunities. We look forward to working with the experienced team led by Rusty Ponce de Leon to capitalize on these opportunities."
Founder and President of Phase 1 Technology and former Chairman of the Association for Advanced Automation (A3) Rusty Ponce de Leon explains: "I am personally very pleased that we as Phase 1 Technology are now the platform to actively drive forward the consolidation process in the North American vision market, which has long been seen as sensible. We are convinced of Stemmer Imaging's system house concept as an innovative value-added offering and see it as an excellent basis for our customers and suppliers to achieve joint success."
