Marposs S.p.A. of Bologna, Italy recently announced the acquisition of Control Gaging Incorporated of Ann Arbor, Michigan. According to the company’s press release, existing CGI management and personnel will be retained.
“CGI and Marposs are industry leaders in gaging and process control systems for manufacturing industries worldwide. Each company has unique products and business systems that help their customers remain globally competitive,” says Marposs S.p.A. president Stefano Possati.
Control Gaging Incorporated produces quick set-up gauges and process control systems for grinding machines and other machine tools. Marposs S.p.A. develops inspection and process control technologies for a broad range of manufacturers.
“Both companies are excited about the new opportunity this acquisition creates,” says Edward Vella, president of U.S. operations for Marposs. “It will help us add even more value for our customers as we continue to support their machining process control needs.”