VERMES Microdispensing announces new investor group and expansion of business activities

23.11.2017

A Hotmelt system solution from VERMES Microdispensing (photo: VERMES Microdispensing)
A Hotmelt system solution from VERMES Microdispensing (photo: VERMES Microdispensing)

VERMES Microdispensing GmbH (Otterfing, Germany), a renowned supplier of innovative microdispensing concepts and systems for adhesives, silicones, greases, solvents and other fluids, is pleased to announce a new investor group and the expansion of its business activities. The new investor, CCTC of Guangdong Province, China has worked diligently with VERMES Microdispensing CEO, Juergen Staedtler, to craft and implement a novel strategic vision for the business that is expected to guarantee long-term growth for VERMES Microdispensing’s clients and members.

Juergen Staedtler, CEO and managing director of VERMES Microdispensing, said: “We are delighted to welcome ChaoZhou Three-Circle (Group) Co.; Ltd. (CCTC) as long-term stakeholders. Their commitment will allow us to continue to grow our business and best serve our customers. We are now in our 7th year and with strong growths, VERMES Microdispensing is on a great trajectory.”

The firm has recently shown significant growth in revenues, strong increase in employment of new professionals including a rapid, 30% growth of its Research and Development team and steady expansion of its worldwide locations.

Zhang Wanzhen, CEO of CCTC stated: “We were highly attracted to the opportunity to invest in VERMES Microdispensing. Its unique expertise that is highly thought of worldwide and its strong business model make it an excellent investment for CCTC. By working with a partner that shares our long-term vision, we aim to support and further strengthen VERMES Microdispensing’s growth for many years to come.”

The legal transaction of the transformational acquisition has been granted all the required regulatory approvals. VERMES Microdispensing will continue to be headquartered in Otterfing near Munich, Germany where it plans to move into new, own purpose-built premises.
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