COMET Group Signs Agreement to Buy PCT Engineered Systems
FLAMATT, Switzerland/DAVENPORT, IA – In order to rapidly expand market access and the product portfolio for its electron-beam technology, the COMET Group signed a purchase agreement with system integrator PCT Engineered Systems LLC, Davenport, IA.
The acquisition of PCT Engineered Systems provides the COMET Group with direct access to the electron-beam end-user market and in one shot also allows the group to expand its electron-beam product portfolio. Charles Flükiger, President of X-Ray & ebeam Technologies, commented, "COMET will be able to provide a solution for all potential users of low-energy ebeam technology. This is true for ebeam modules for OEMs, entire ebeam systems to end customers, as well as for all the automation required upstream and downstream from the beam."
Terry Thompson and two other partners founded PCT Engineered Systems LLC in 1986. With about 85 employees in North America, the company is now a successful player in the market for electron-beam-equipped systems. COMET has been working closely with the firm for the last five years. In 2014, the two companies developed an electron-beam-equipped system for the functionalization of polymer films and the curing of inks and coatings. COMET will retain all 85 employees. Terry Thompson will continue to manage PCT Engineered Systems LLC as General Manager.