Microtec acquires Lucidyne to expand globally
Published on : Friday, May 8, 2020
Microtec acquires Lucidyne and both companies now will jointly expand their product lines, geographical reach, and, bring the two most advanced technologies and technology teams together. A chosen move considered to create one of the largest wood products scanning company in the world, and with this acquisition Microtec will enrich in product development and grow effortlessly in the international market.
Microtec has been delivering technologically advanced scanning and optimization systems for 40 years, and is one of the premier scanning companies across Europe. Lucidyne has been leading in scanning and optimization throughout North America since 1985. This acquisition expands both companies’ product lines, geographical reach, and, perhaps most importantly, brings the two most advanced technologies and technology teams together.
The opportunities provided by this acquisition to the wood products industry are significant. Lucidyne’s products will now be enhanced by the availability of the entire Microtec product line. Together there will be a mill-wide integrated scanning opportunity. Microtec and Lucidyne will be introducing co-developed products that bring the best of the companies’ technologies together.
Microtec’s headquarters will remain in Bressanone, Italy, while Lucidyne’s operations will remain in Corvallis, Oregon. There are no anticipated changes to staffing, support, plant operations or customer interaction. Customer support will remain, as usual, an important top priority.
Microtec and Lucidyne are eager to work together as the world’s largest wood products scanning company, delivering unparalleled results to our industry worldwide.