Elemaster, based on the business plan “Vision 2020”, strengthens its global footprint by acquisition of GDM Electronics located in Belgium and Romania
Lomagna (Italy), 20th April 2018 - Elemaster announces to have finalized the acquisition of 100% of GDM Electronic’s shares on Friday 13th April 2018. This investment represents another strategic step for the realization of Elemaster’s globalization plan, according to the business plan “Vision 2020”: now the Elemaster Group’s plants are located in Italy, Germany, Belgium, Romania, U.S.A, China, India and Tunisia.
Mr. Gabriele Cogliati, Elemaster’s President & CEO states: “I’m really proud to evidence that, in the same year when Elemaster celebrates its 40th anniversary since its constitution (dated October 1st 1978), we have achieved another important goal for the strategic global development of Elemaster Group. Our Company is strengthening its presence in the world and this year we will complete three additional projects: the inauguration in May 2018 of a new and larger facility in China, the opening in July 2018 of a new and state of the art plant in the USA (Duluth, Georgia) and the expansion of our German subsidiary, CAD UL GmbH, where we would like to create an European center for electronic engineering and fast prototyping”.