LMI Technologies has signed an agreement to acquire 100 per cent of the shares of GFMesstechnik (GFM), a supplier of 3D metrology products based in Berlin, Germany. The acquisition will result in the integration of GFM by LMI Technologies under the LMI brand.
With the addition of GFM, LMI will expand into new markets such as life sciences and surface metrology by using GFM’s existing reseller channel network, building on its customer base, and delivering next generation scanner products suitable for volume and OEM customers.
With 30 employees and €5 million annual revenue, GFM has been a part of the development of structured light metrology since 1995. GFM focuses on small volume measurement (around 1mm) with very high accuracy (100nm) suitable for surface analysis of micro texture or inline inspection of electronic, medical, or pharmaceutical parts with microscopic detail.
‘GFM’s knowledge of instrument design and ultra precise measurement will be integrated across LMI’s structured light HDI and Gocator product lines, enabling amazing new levels of performance for demanding applications requiring very high resolution’, stated Terry Arden, CEO of LMI. ‘GFM staff will continue on by joining the LMI team and building 3D scanner products that focus on ease of use allowing customers to realise the benefits of 3D and achieve better business results.’
Dr Frankowski, founder and president of GFM, will oversee the integration of GFM with LMI. ‘I am pleased to know that customers, resellers, and staff will benefit from a larger organisation who is a proven and dedicated supplier of 3D scanning and inspection products in a variety of industries. LMI is a very talented organization who understands how to develop and support high volume, original equipment manufacturer (OEM) relationships necessary to grow 3D market share.’