Needham Group acquired by Cyklop to strengthen portfolio

Cyklop International is pleased to announce the acquisition of The Needham Group, including Needham Laser Technologies, based in UK and Ireland.

This strategic acquisition strengthens the company’s position in this product sector across Europe, Africa and part of the Middle East.

“I am excited that Cyklop now has our own ink production facilities on the three continents, which is a direct benefit to our customers. We are also well positioned with Needham’s coding and marking technologies and expertise to offer OEM’s and end users a complete packaging line of equipment. From industrial ink and laser printers, to our existing portfolio of case erectors, taping, wrapping, strapping machines and all of the consumables required. Better than that, we employ the experts who are ideally suited to not just engineer for our customers, but support them long term,” commented Roberto Salemme, CEO of Cyklop.

Managing Director of The Needham Group, Aled Ellis, said, “Joining forces with Cyklop marks an exciting new chapter for Needham, enabling us to strengthen our position across Europe, Africa, and parts of the Middle East while continuing to deliver the innovative coding and marking solutions our customers trust. With Cyklop’s global reach and resources, we can expand our product offerings and provide even greater value to new and existing customers. I look forward to leading this next phase of growth and working closely with the Cyklop team to ensure our continued success.”

André Van Es, Cyklop CFO said, “By Needham becoming a part of the Cyklop group, we are positioned to better serve our customers through an expanded product portfolio, operational synergies, and the addition of decades of experience.”

Contact: Aled Ellis

aled.ellis@needham.group

https://www.needhamlaser.com/