STEMMER IMAGING Acquires Phase 1 Technology to Enter North American Market

STEMMER IMAGING AG announced its strategic entry into the North American market through the acquisition of Phase 1 Technology Corp., a leading distributor based in New York, USA, specializing in machine vision. This move, expected to be finalized in the second quarter of 2024, marks STEMMER IMAGING's direct penetration into North America.

With its presence already established in Mexico and Latin America, STEMMER IMAGING aims to cater to the demands of significant existing customers who seek a physical presence in the USA. The acquisition of Phase 1 Technology is seen as a platform investment for the expansion of customer base and tapping into above-average growth prospects in industrial and non-industrial application areas.

Arne Dehn, CEO of STEMMER IMAGING, views the foray into the North American market as timely, citing regional economic fragmentation as creating unique opportunities. Rusty Ponce de Leon, President of Phase 1 Technology and a seasoned figure in automation, expressed enthusiasm for driving consolidation in the North American vision market through this partnership.

This strategic acquisition is part of STEMMER IMAGING's broader vision as an innovative systems house, combining value-added offerings with comprehensive machine vision services for a variety of applications.