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Domino acquires production line software specialist

Coding, marking, printing and traceability specialist Domino Printing Sciences has agreed terms, through its wholly owned subsidiary, Domino Holdings Deutschland, for the acquisition of Control Information Technology, a Koblenz-based developer and seller of production line control software used by manufacturers in the pharmaceutical “and other industries”.

Control’s software provides manufacturers with the ability to manage and monitor production line performance and product traceability. The sellers of the business, Ralf-Gunter Wean and Herald Herres, will remain as Control Information Technology employees along with all other staff, who will join Domino’s Integrated Solutions Group.

The initial purchase price is €4m in cash, with an additional consideration payable based on the results of the combined Integrated Solutions business over a five-year period.