We welcome Gimv on board as a new partner that has not only a wealth of experience but also the necessary resources to help us achieve increased international growth.
Erwin Vandousselaere - CEO
After 5 years Summa enters into a new phase after a successful expansion under Gimv ownership resulting in more than doubling of its turnover. To support further growth, Ergon acquires Summa alongside management.
Summa 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.
When ambition meets ambition
Summa is a strong brand in the cutter industry and wants to double its turnover by 2020. 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.
Together, we build a leading company
We will support Summa by further developing its market position in Asia and the United States and by further boosting its market share in the flatbed cutter market. We are excited to work with the management to continue the story of a company that is a perfect match with our Smart Industries’ platform strategy and that focuses on innovative companies based in the Benelux, France and Germany that distinguish themselves through their technological expertise. Over the past years, the team has gained successful experience in engineered systems, ICT and advanced manufacturing.