02.13.18
Uster Technologies AG is expanding its competencies in quality control and strengthening its product portfolio through an agreement to acquire Elbit Vision Systems Ltd. (EVS), a world-leading high-technology supplier for automated vision inspection in the textile industry. EVS’s products are used to automatically locate, label and trace defects of fabric and web products and ultimately grade the quality and determine the value of the produced goods. Closing of the transaction is expected by May 2018.
Thomas Nasiou, CEO of Uster, says, “The acquisition fits perfectly into our vision to be the world’s leading supplier of quality solutions for the textile industry from fiber to fabric. It shows once again our commitment to continuously invest in cutting-edge technology and foster our culture of innovation. EVS and Uster’s combined technology will offer all its customers more potential for further automation and improvement for increased and sustainable performance.”
Based in Uster, Switzerland, Uster Technologies is a manufacturer of products for quality measurement and certification in the textile industry.