Sacmi Imola, an industrial machinery manufacturer, completed its acquisition of Velomat, an automatic assembly company. Financial terms were not disclosed. "is evolving towards multi-line and multi-material solutions that require careful assessment of the technology package in order to meet production requirements. Rising to that challenge will involve research into both new materials/solutions and component assembly: and when it comes to the latter, Velomat is just the firm we've been looking for to help implement our growth strategy," Paolo Mongardi, SACMI President