# SCM Group acquires DMS Diversified Machine Systems

SCM Group, an Italian multinational in machinery and industrial equipment, has finalized the acquisition of DMS Diversified Machine Systems, a US-based designer and manufacturer of CNC machinery for plastics and composites, located in Colorado Springs, CO.

- Type: Acquisition
- Announced: 2018-11-26
- Where: Colorado Springs, Colorado, United States
- Status: completed
- Products: CNC machinery for plastics and composite materials
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [SCM Group](https://endata.com/companies/17477.md) (acquirer)
- [DMS Diversified Machine Systems](https://endata.com/companies/19265.md) (target)
- [Diversified Machine Systems](https://endata.com/companies/19338.md) (target)

## Sources

- [scmgroup.com](https://www.scmgroup.com/en/news-events/news/scm-group-acquires-dms.n74715.html), 2018-11-26: "Scm Group has finalized the acquisition of USA-based DMS Diversified Machine Systems located in Colorado Springs, CO."
- [stoneupdate.com](https://stoneupdate.com/scm-group-acquires-diversified-machine-systems/), 2018-12-11: "The addition of DMS to the CMS family of brands broadens our portfolio of capabilities and expands available technologies we can deploy within our core business of offering custom CNC machine solutions."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.