IMA Medtech completed the acquisition of Sysmelec.

IMA Medtech, which designs and builds turn-key assembly solutions, completed the acquisition of Sysmelec, a provider of turnkey solutions for micro assembly and watchmaking industries. Financial terms were not disclosed. "Thanks to evident synergies and the fertile combination of each brand’s expertise – MEDTECH with its experience in the medical device industry and SYSMELEC for its micro engineering capabilities – IMA Automation will capitalise on the respective strengths of two leading names in the assembly sector, and form a new Centre of Excellence for Automated Assembly, a clear demonstration of IMA Group’s willingness to continue its investment and development in the Swiss region of Neuchâtel/Bern," IMA.