Smart Industries
Erwin Vandousselaere - CEO

Company profile

Summa has more than 30 years' experience and is the European market leader in roll cutters that can quickly cut flexible materials on rolls. For some years, the company has also been operating in the flatbed cutter market. Flatbed cutters allow hard materials to be cut into complex shapes quickly and accurately. Both types of machines are used by the graphic design industry in the final cutting process of cardboard, fabric, vinyl, acrylic sheets, etc. Its worldwide sales go through an international dealer network.

Investment rationale

The aim is to increase turnover by more than 50% by 2020. Gimv's experience and also the necessary resources should help the company achieve increased international growth. The addition of more professional expertise to the Summa SME organisation will help to further optimise the innovation and marketing of their products and services.

Growth strategy

The company wants to achieve growth by further developing its market position in Asia and the United States and by further boosting its market share in the flatbed cutter market.

Summa's product range visualized

Summa
  • Activity: Roll and flatbed digital cutting machines
  • Website: www.summa.eu
  • Location: Belgium
  • Entry: 2016
  • Deal contact: Tom Van de Voorde
  • Platform: Smart Industries
  • Revenue: EUR 21m (2016)
  • Staff: 71

Tom Van de Voorde, Managing Partner - Head Smart Industries

Tom Van de Voorde reinforced the Gimv-team in 2007, first in Buyouts & Growth Belgium, where he realized several management buyouts and investments in growth companies and consequently within Smart Industries Platform. He gained valuable experience in investment banking at Bank Degroof, where he worked as Vice President Investment Banking & Private Equity and Advisory at NIBC in Brussels as head of M & A.

He is a member of the board of directors of Mega, Summa, Grandeco, Luciad and Impression International and realized following exits since 2014: Trustteam, Xeikon, Hecht and Vandemoortele.

Tom Van de Voorde holds a Master’s degree in Commercial Engineering from the University of Leuven (KU Leuven) and a fulltime MBA from the University of Chicago (Booth).

Contact

+32 3 290 21 17

Karel Oomsstraat 37
2018 Antwerpen

Belgium

Tom Van de Voorde