DMG completed the acquisition of BEG.

DMG, a provider of electrical systems and components for lifts, completed the acquisition of BEG, a manufacturer of elevator control panels. Financial terms were not disclosed. “This strategic move goes beyond expanding our production capacity, which is now poised to exceed 4k electric systems annually. It also bolsters our development team and widens our portfolio of commercial offerings. By infusing DMG’s design prowess and flexibility into BEG’s technological solutions, we aim to enhance connectivity and remote monitoring capabilities to seamlessly align with our own. Our immediate plans involve integrating BEG’s control panel offerings with our push-button panels and displays to deliver heightened value and technology to our client,” Emanuele Emiliani, DMG CEO.