Meyer Burger acquires SGS Slicing Solutions

Upon completion of the asset purchase agreement, MBT Systems Ltd. (formerly 3S Industries USA, Inc.) will reportedly acquire certain assets and employees of SGS Slicing Solutions, Inc., Colombia, New Jersey, and of SGS Machine Tool, LLC, Hillsboro, Oregon.

Furthermore, MBT Systems has become a subsidiary of Diamond Materials Tech, Inc., which belongs to Meyer. MBT Systems will act as sales and service company of the Meyer Burger Technology Group in the U.S.