This strategic acquisition of the Shropshire-based company strengthens Cyklop'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," said Roberto Salemme, CEO of Cyklop.
He added: "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."
Aled Ellis, managing director of the Needham Group, said joining forces with Cyklop "marks an exciting new chapter" for Needham, enabling it to strengthen its position across Europe, Africa, and parts of the Middle East while continuing to deliver the innovative coding and marking solutions that customer’s trust.
He added: "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, concluded: “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.”
With 62 years of heritage in the coding and marking industry, Needham is built on a culture of service, innovation, and delivering the best solutions to its customers.
Since 1912 Cyklop has been dedicated to providing packaging systems and materials that ensure the safe journey of products and goods globally, holding more than 500 patents. Headquartered in The Netherlands, Cyklop also has 20 factories and production facilities in Germany, Spain, Italy, Sweden, the Netherlands, Thailand, Malaysia, China, Brazil, the UK, Ireland, and the US.
