Sign & Digital Graphics

January '19

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S I G N & D I G I T A L G R A P H I C S • January 2019 • 11 GSG Acquires Spectrum Screen Printing Supplies Dallas-based GSG (Graphic Solutions Group), a supplier to the screen, sign, digital imaging and embroidery industries, announces an agreement to acquire the assets of Big Bend, Wisconsin-based Spectrum Screen Printing Supplies. The acquisition marks the ninth facility for GSG's nationwide network and further growth in the Midwest region. The company says the move also grows GSG's footprint in the decorated apparel market through Spectrum's existing client base. Through the transition, Spectrum customers continue to receive service via the Milwaukee office. GSG says it plans to initially operate the new division under the name GSG/Spectrum. The news comes as GSG continues to grow its workforce and office loca- tions. In late 2017 the company announced plans to expand in Minnesota, while recent months have seen multiple promotions and new hires at various locations. Summa Acquires CadCam Technology Belgium-based Summa, providers of Summa-branded vinyl cutters, flatbed cutters, thermal printers and related media and materials, announces its purchase of UK-based CadCam Technology, which develops and manufactures laser cutting and laser engraving machines, as well as software. According to Summa, the merged businesses will continue as before and will complement each other in order to offer customers even better solutions. CadCam's main markets are soft signage, garment, and garment embellishment, with major customers in the automotive, solar panels, sportswear, and footwear industries. The acquisition also includes CadCam's subsidiary, GS UK Ltd. According to Summa, it is an important UK distributor and test center of CCT equipment. GS also has a strong relationship with the textile industry, Summa says, which will present a lot of opportunities to further grow its garment and garment embellishment business. ©2018 CIT Group Inc. All rights reserved. CIT and the CIT logo are registered trademarks of CIT Group Inc. Not all applicants will qualify for financing. All finance programs and rates are subject to final approval by CIT, and are subject to change at anytime without notice. Speed and performance are subject to applicant's local connectivity and other factors outside CIT's control. Financing as essential as ink Need financing options? Whether you are buying or selling – we o…er fast financing for a fast world. 877-786-5327 | cit.com/SDGMag print@cit.com Visit us in booth 227 at the NBM Phoenix show!

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