Sacmi Imola completed the acquisition of Velomat.

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