Finetech Has Acquired MARTIN GmbH, Munich

We are pleased to announce the acquisition by Finetech GmbH & Co. KG, Berlin of MARTIN GmbH, Wessling near Munich, which was effective January 1, 2010.

Finetech CEO, Gunter Kuerbis explains that the Martin products complement perfectly the range of systems successfully sold around the world under the flagship FINEPLACER® name. Additionally, MARTIN CEO, Bernhard Martin sees that the addition of dispenser technology, a core capability of his company, will provide a broader product offering range to Finetech’s already significant position in the rework and micro assembly arena.The MARTIN rework product manufacturing will remain in Wessling, and the MARTIN brand name preserved. It is anticipated that by integrating MARTIN SMT into the Finetech group the well established sales, service and support organization will be further enhanced to provide worldwide presence in the markets.Future product development will now be possible over the complete rework range, from simple hand-soldering technology, basic entry level rework systems to advanced rework solutions.

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